Mercedes-Benz Group AG (OTCMKTS:MBGYY) Receives Average Rating of “Buy” from Brokerages

Mercedes-Benz Group AG (OTCMKTS:MBGYY) has been assigned an average recommendation of “Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have assigned a strong buy recommendation to the company.

A number of brokerages recently weighed in on MBGYY. Jefferies Financial Group raised shares of Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Zacks Research cut shares of Mercedes-Benz Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th.

Mercedes-Benz Group Stock Performance

OTCMKTS:MBGYY opened at C$13.75 on Thursday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.06 and a current ratio of 1.38. Mercedes-Benz Group has a fifty-two week low of C$12.22 and a fifty-two week high of C$18.16. The company has a 50 day simple moving average of C$13.33 and a two-hundred day simple moving average of C$14.99. The company has a market capitalization of C$52.96 billion, a PE ratio of 8.87 and a beta of 0.80.

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 5.46%. The firm had revenue of C$37.27 billion for the quarter. Research analysts anticipate that Mercedes-Benz Group will post 1.37 earnings per share for the current year.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.