Mercedes-Benz Group AG (OTCMKTS:MBGYY) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Mercedes-Benz Group AG has received a consensus rating of "Hold" from six analysts currently covering the stock.
• Royal Bank of Canada has downgraded Mercedes-Benz Group's rating from "Moderate Buy" to "Hold".
• For the latest earnings report, Mercedes-Benz Group posted C$0.27 earnings per share with a revenue of C$37.62 billion during the quarter.

Shares of Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report) have earned a consensus rating of "Hold" from the six analysts that are presently covering the stock, Marketbeat.com 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 research note on Tuesday.

Mercedes-Benz Group Price Performance

Shares of MBGYY opened at C$15.27 on Wednesday. Mercedes-Benz Group has a fifty-two week low of C$12.55 and a fifty-two week high of C$16.87. The company has a market capitalization of C$58.81 billion, a price-to-earnings ratio of 4.64 and a beta of 0.98. The firm has a 50-day simple moving average of C$15.24 and a 200-day simple moving average of C$14.94. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.97 and a current ratio of 1.32.

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