Mercedes-Benz Group AG (OTCMKTS:MBGYY) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Mercedes-Benz Group AG has received an average consensus rating of "Hold" from six brokerages covering the company.
• The Royal Bank Of Canada has recently downgraded Mercedes-Benz Group's rating from "moderate buy" to "hold".
• The company reported C$37.62 billion in revenue for the last quarter, with a net margin of 4.85% and a return on equity of 7.24%.

Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report) has received an average rating of "Hold" from the six brokerages that are covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation.

Separately, Royal Bank Of Canada downgraded shares of Mercedes-Benz Group from a "moderate buy" rating to a "hold" rating in a report on Tuesday, September 23rd.

Mercedes-Benz Group Trading Up 2.6%

Shares of OTCMKTS:MBGYY opened at C$15.63 on Friday. The firm has a fifty day moving average of C$15.45 and a two-hundred day moving average of C$14.92. The firm has a market capitalization of C$60.20 billion, a P/E ratio of 4.75 and a beta of 1.01. Mercedes-Benz Group has a 12-month low of C$12.55 and a 12-month high of C$16.87. The company has a quick ratio of 0.97, a current ratio of 1.32 and a debt-to-equity ratio of 0.74.

Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported C$0.27 EPS for the quarter. The firm had revenue of C$37.62 billion for the quarter. Mercedes-Benz Group had a net margin of 4.85% and a return on equity of 7.24%. On average, equities analysts expect that Mercedes-Benz Group will post 2.26 EPS for the current fiscal year.

About Mercedes-Benz Group

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.

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