Barclays upgraded shares of Bayerische Motoren Werke (OTCMKTS:BAMXF - Free Report) from a strong sell rating to a hold rating in a research report report published on Friday,Zacks.com reports.
Several other research analysts have also recently issued reports on BAMXF. Dbs Bank cut shares of Bayerische Motoren Werke from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 19th. Hsbc Global Res cut shares of Bayerische Motoren Werke from a "strong-buy" rating to a "hold" rating in a report on Thursday, March 20th.
Check Out Our Latest Stock Analysis on Bayerische Motoren Werke
Bayerische Motoren Werke Price Performance
BAMXF traded up $2.16 on Friday, reaching $98.36. The company had a trading volume of 373 shares, compared to its average volume of 2,328. The business has a 50 day simple moving average of $88.49 and a 200 day simple moving average of $84.59. The company has a market cap of $57.03 billion, a price-to-earnings ratio of 8.70 and a beta of 0.80. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.88 and a current ratio of 1.18. Bayerische Motoren Werke has a 52-week low of $68.23 and a 52-week high of $101.98.
Bayerische Motoren Werke (OTCMKTS:BAMXF - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $3.56 earnings per share for the quarter, missing analysts' consensus estimates of $3.66 by ($0.10). Bayerische Motoren Werke had a net margin of 4.70% and a return on equity of 6.91%. The company had revenue of $36.43 billion during the quarter, compared to analysts' expectations of $40.93 billion. As a group, sell-side analysts anticipate that Bayerische Motoren Werke will post 13.38 EPS for the current year.
About Bayerische Motoren Werke
(
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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.
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