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

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) was downgraded by research analysts at Dbs Bank from a “strong-buy” rating to a “hold” rating in a note issued to investors 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 research report on Wednesday, January 22nd.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

Shares of OTCMKTS:BAMXF opened at $89.48 on Wednesday. The company has a market capitalization of $51.88 billion, a price-to-earnings ratio of 6.38 and a beta of 0.91. The business’s 50-day moving average is $84.39 and its 200-day moving average is $81.67. 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 has a 1 year low of $68.86 and a 1 year high of $123.75.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last announced its earnings results on Friday, March 14th. The company reported $2.58 earnings per share 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 business had revenue of $37.70 billion during the quarter, compared to analysts’ expectations of $43.77 billion. Equities research analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 13.38 earnings per share for the current 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.