Bayerische Motoren Werke (OTCMKTS:BAMXF) Lowered to Hold Rating by Berenberg Bank

Bayerische Motoren Werke (OTCMKTS:BAMXF) was downgraded by Berenberg Bank from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other analysts have also recently weighed in on the stock. DZ Bank raised shares of Bayerische Motoren Werke to a “strong-buy” rating in a report on Thursday, February 19th. UBS Group cut shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. Barclays downgraded shares of Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. Finally, Dbs Bank raised shares of Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Bayerische Motoren Werke Stock Performance

BAMXF opened at $91.17 on Tuesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 1.14. Bayerische Motoren Werke has a one year low of $68.23 and a one year high of $113.10. The company has a market cap of $52.86 billion, a P/E ratio of 6.81 and a beta of 0.61. The business’s 50-day simple moving average is $101.13 and its 200-day simple moving average is $100.37.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last posted its earnings results on Thursday, March 12th. The company reported $3.40 earnings per share for the quarter, topping the consensus estimate of $2.21 by $1.19. The firm had revenue of $39.27 billion during the quarter, compared to analysts’ expectations of $43.71 billion. Bayerische Motoren Werke had a return on equity of 7.70% and a net margin of 5.45%. As a group, equities research analysts expect that Bayerische Motoren Werke will post 13.38 EPS for the current fiscal year.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke AG (BMW) is a German multinational manufacturer of premium automobiles and motorcycles. Headquartered in Munich, the company designs, manufactures and sells a broad range of passenger vehicles under the BMW brand, as well as the MINI and Rolls‑Royce marques. BMW’s product portfolio covers luxury sedans and coupes, SUVs and crossovers (the X series), sports cars, high‑performance M models, motorcycles through BMW Motorrad, and an expanding range of electrified powertrains including battery-electric and plug‑in hybrid variants.

Founded in 1916, BMW began as an engine manufacturer and over the course of the 20th century diversified into motorcycle and automobile production, building a reputation for engineering and driving dynamics.