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 published on Wednesday,Zacks.com reports.

Separately, Berenberg Bank raised 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 Stock Performance

Shares of Bayerische Motoren Werke Aktiengesellschaft stock opened at $89.48 on Wednesday. The firm has a market cap of $51.88 billion, a price-to-earnings 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’s 50-day simple moving average is $84.39 and its 200-day simple moving average is $81.67. 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 (OTCMKTS:BAMXF) last released its earnings results on Friday, March 14th. The company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.68 by ($1.10). The business had revenue of $37.70 billion for the quarter, compared to analyst estimates 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, equities research analysts anticipate 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.