Mercedes-Benz Group AG (MBGYY) – What Are Analysts Thinking About This Stock?

Mercedes-Benz Group AG (OTCMKTS:MBGYY) has been given a consensus rating of “Buy” by the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a strong buy recommendation to the company.

A number of brokerages recently commented on MBGYY. Dbs Bank upgraded shares of Mercedes-Benz Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, September 30th. Jefferies Financial Group raised Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Zacks Research upgraded Mercedes-Benz Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 26th.

Mercedes-Benz Group Stock Up 2.3%

MBGYY stock opened at C$11.43 on Tuesday. Mercedes-Benz Group has a one year low of C$10.83 and a one year high of C$18.16. The stock has a market capitalization of C$44.02 billion, a PE ratio of 7.37 and a beta of 0.88. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.32. The company has a fifty day moving average of C$12.56 and a 200-day moving average of C$13.52.

Mercedes-Benz Group (OTCMKTS:MBGYY) last issued its quarterly earnings results on Tuesday, July 28th. The company reported C$0.33 earnings per share (EPS) for the quarter. Mercedes-Benz Group had a net margin of 3.89% and a return on equity of 5.41%. The business had revenue of C$37.27 billion for the quarter. As a group, analysts expect that Mercedes-Benz Group will post 1.35 EPS for the current year.

About Mercedes-Benz Group

Mercedes-Benz Group AG is a Germany-based automotive company headquartered in Stuttgart. The company develops, manufactures and sells premium passenger cars, performance vehicles, luxury automobiles and light commercial vans under the Mercedes-Benz brand. Its portfolio includes Mercedes-AMG performance models and Mercedes-Maybach luxury vehicles, as well as electric and conventional vehicles.

The group also provides automotive financing, leasing, insurance and fleet-management services through Mercedes-Benz Mobility.