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

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

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

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

OTCMKTS BAMXF opened at $89.48 on Wednesday. The company has a market cap of $51.88 billion, a PE ratio of 6.38 and a beta of 0.91. The stock’s 50 day simple moving average is $84.39 and its 200-day simple moving average is $81.67. Bayerische Motoren Werke Aktiengesellschaft has a 1-year low of $68.86 and a 1-year high of $123.75. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.10 and a quick ratio of 0.78.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last announced its quarterly earnings data on Friday, March 14th. The company reported $2.58 EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations 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.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

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.