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

Bayerische Motoren Werke (OTCMKTS:BAMXF) was downgraded by investment analysts at Berenberg Bank from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Several other equities analysts have also recently issued reports on BAMXF. Barclays cut Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. Dbs Bank upgraded Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research note on Monday. UBS Group lowered Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. Finally, DZ Bank upgraded Bayerische Motoren Werke to a “strong-buy” rating in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Bayerische Motoren Werke currently has an average rating of “Hold”.

Bayerische Motoren Werke Stock Performance

Shares of Bayerische Motoren Werke stock opened at $91.17 on Tuesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 1.14. The company has a market capitalization of $52.86 billion, a P/E ratio of 6.81 and a beta of 0.61. Bayerische Motoren Werke has a 1 year low of $68.23 and a 1 year high of $113.10. The company’s fifty day moving average is $101.13 and its two-hundred day moving average is $100.37.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last announced its earnings results on Thursday, March 12th. The company reported $3.40 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $1.19. Bayerische Motoren Werke had a net margin of 5.45% and a return on equity of 7.70%. The business had revenue of $39.27 billion during the quarter, compared to analysts’ expectations of $43.71 billion. Analysts forecast that Bayerische Motoren Werke will post 13.38 earnings per share for the current year.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke AG (BMW) is a German multinational manufacturer of premium automobiles and motorcycles. Headquartered in Munich, the company designs, manufactures and sells a broad range of passenger vehicles under the BMW brand, as well as the MINI and Rolls‑Royce marques. BMW’s product portfolio covers luxury sedans and coupes, SUVs and crossovers (the X series), sports cars, high‑performance M models, motorcycles through BMW Motorrad, and an expanding range of electrified powertrains including battery-electric and plug‑in hybrid variants.

Founded in 1916, BMW began as an engine manufacturer and over the course of the 20th century diversified into motorcycle and automobile production, building a reputation for engineering and driving dynamics.