Mercedes-Benz Group (OTCMKTS:MBGAF) Upgraded to “Strong-Buy” at UBS Group

UBS Group upgraded shares of Mercedes-Benz Group (OTCMKTS:MBGAF) to a strong-buy rating in a research report report published on Wednesday, Zacks.com reports.

Mercedes-Benz Group Trading Down 2.9 %

Shares of MBGAF stock opened at $64.70 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.26 and a quick ratio of 0.93. The company has a market cap of $69.21 billion, a price-to-earnings ratio of 4.72 and a beta of 1.27. Mercedes-Benz Group has a 1 year low of $58.43 and a 1 year high of $83.50. The firm has a fifty day moving average price of $67.58 and a 200-day moving average price of $73.07.

Mercedes-Benz Group (OTCMKTS:MBGAF) last released its quarterly earnings data on Friday, July 26th. The company reported $3.18 earnings per share for the quarter. The firm had revenue of $39.55 billion during the quarter. Mercedes-Benz Group had a return on equity of 13.79% and a net margin of 8.52%. As a group, equities analysts predict that Mercedes-Benz Group will post 12.73 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.