Mercedes-Benz Group AG (MBGYY) – What Are Researchers Saying About This Stock?

by · The Markets Daily

Mercedes-Benz Group AG (OTCMKTS:MBGYY – Get Free Report) has been assigned a consensus recommendation of “Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a strong buy rating to the company.

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

Check Out Our Latest Research Report on Mercedes-Benz Group

Mercedes-Benz Group Stock Performance

Shares of MBGYY opened at C$11.31 on Tuesday. The stock has a 50-day moving average of C$12.51 and a two-hundred day moving average of C$13.48. Mercedes-Benz Group has a one year low of C$10.83 and a one year high of C$18.16. 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 stock has a market cap of C$43.56 billion, a P/E ratio of 7.37 and a beta of 0.88.

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

About Mercedes-Benz Group

(Get Free Report)

Mercedes-Benz Group AG is a Germany-based automotive company headquartered in Stuttgart. Formerly known as Daimler AG, the company adopted its current name in February 2022 after reorganizing its business around the Mercedes-Benz brand and related mobility activities.

The company develops, manufactures and sells premium passenger cars and luxury vehicles under the Mercedes-Benz, Mercedes-AMG and Mercedes-Maybach brands. Its product range includes sedans, SUVs, coupes, convertibles and electric vehicles.

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