Bayerische Motoren Werke AG (BAMXF) Raised to Strong-Buy at Zacks Investment Research
Bayerische Motoren Werke AG (OTCMKTS:BAMXF) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday, July 6th. The brokerage currently has a $107.00 price objective on the stock. Zacks Investment Research‘s target price would indicate a potential upside of 13.89% from the stock’s current price.
According to Zacks, “BAYERISCHE MOTOREN WERKE AG is a multi-brand automobile manufacturer that focuses on the premium segments of the worldwide automobile and motorcycle markets. It has three brands: BMW, MINI and Rolls-Royce. The Company’s BMW automobile range includes the 1 Series, a sports hatchback; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, available in sedan and touring models; the 6 Series, available as a coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models, such as M3, M5 and M6. A variety of motorcycles are also available under the BMW brand. “
Shares of Bayerische Motoren Werke AG (BAMXF) traded up 1.70% during midday trading on Thursday, reaching $95.55. 6,692 shares of the company’s stock traded hands. The firm has a market cap of $62.79 billion, a PE ratio of 7.32 and a beta of 1.52. Bayerische Motoren Werke AG has a 12 month low of $81.27 and a 12 month high of $98.89. The stock has a 50-day moving average price of $93.83 and a 200 day moving average price of $92.62.
COPYRIGHT VIOLATION WARNING: This article was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The correct version of this article can be read at https://www.thecerbatgem.com/2017/08/04/zacks-investment-research-upgrades-bayerische-motoren-werke-ag-bamxf-to-strong-buy-updated-updated-updated.html.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Stock Ratings for Bayerische Motoren Werke AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bayerische Motoren Werke AG and related stocks with our FREE daily email newsletter.