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

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

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

Bayerische Motoren Werke Aktiengesellschaft Price Performance

BAMXF opened at $89.48 on Wednesday. The firm has a market cap of $51.88 billion, a P/E ratio of 6.38 and a beta of 0.91. Bayerische Motoren Werke Aktiengesellschaft has a 52 week low of $68.86 and a 52 week high of $123.75. The company has a quick ratio of 0.78, a current ratio of 1.10 and a debt-to-equity ratio of 0.65. The business’s fifty day simple moving average is $84.39 and its 200 day simple moving average is $81.67.

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