Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Cut to Hold at Dbs Bank

Dbs Bank cut shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) from a strong-buy rating to a hold rating in a research report released on Wednesday,Zacks.com reports.

Separately, Berenberg Bank upgraded Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

Shares of Bayerische Motoren Werke Aktiengesellschaft stock opened at $89.48 on Wednesday. The stock’s fifty day moving average is $84.39 and its two-hundred day moving average is $81.67. The company has a market capitalization of $51.88 billion, a PE ratio of 6.38 and a beta of 0.91. The company has a quick ratio of 0.78, a current ratio of 1.10 and a debt-to-equity ratio of 0.65. Bayerische Motoren Werke Aktiengesellschaft has a 52 week low of $68.86 and a 52 week high of $123.75.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last posted its quarterly earnings results on Friday, March 14th. The company reported $2.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.68 by ($1.10). The firm had revenue of $37.70 billion for the quarter, compared to the consensus estimate of $43.77 billion. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 8.67% and a net margin of 5.48%. As a group, analysts expect that Bayerische Motoren Werke Aktiengesellschaft will post 13.38 earnings per share for the current year.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.