Mercedes-Benz Group AG (OTCMKTS:MBGYY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Mercedes-Benz Group AG (OTCMKTS:MBGYY) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

Several brokerages have recently commented on MBGYY. DZ Bank upgraded Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Royal Bank Of Canada cut shares of Mercedes-Benz Group from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Finally, The Goldman Sachs Group raised shares of Mercedes-Benz Group to a “strong-buy” rating in a research note on Monday, November 24th.

Mercedes-Benz Group Stock Up 0.7%

Shares of OTCMKTS MBGYY opened at C$18.03 on Monday. The firm has a market cap of C$69.44 billion, a price-to-earnings ratio of 5.72 and a beta of 0.83. Mercedes-Benz Group has a 52-week low of C$12.55 and a 52-week high of C$18.12. The company’s 50-day simple moving average is C$16.44 and its 200-day simple moving average is C$15.53. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 0.69.

Mercedes-Benz Group (OTCMKTS:MBGYY) last posted its quarterly earnings results on Wednesday, October 29th. The company reported C$0.36 EPS for the quarter. Mercedes-Benz Group had a return on equity of 6.59% and a net margin of 4.51%.The firm had revenue of C$37.58 billion during the quarter. Equities analysts predict that Mercedes-Benz Group will post 2.26 EPS for the current fiscal year.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.