Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Stock Rating Lowered by Sanford C. Bernstein

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYYGet Rating) was downgraded by stock analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a research note issued to investors on Thursday, The Fly reports.

BMWYY has been the subject of a number of other research reports. Bank of America cut Bayerische Motoren Werke Aktiengesellschaft from a “neutral” rating to an “underperform” rating in a report on Thursday, December 8th. Barclays lowered their target price on Bayerische Motoren Werke Aktiengesellschaft from €95.00 ($102.15) to €80.00 ($86.02) and set an “equal weight” rating for the company in a report on Tuesday, October 18th. Finally, Berenberg Bank decreased their price target on Bayerische Motoren Werke Aktiengesellschaft from €100.00 ($107.53) to €95.00 ($102.15) and set a “buy” rating for the company in a research note on Monday, November 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $101.40.

Bayerische Motoren Werke Aktiengesellschaft Stock Down 1.6 %

Shares of BMWYY opened at $33.21 on Thursday. Bayerische Motoren Werke Aktiengesellschaft has a 12-month low of $22.27 and a 12-month high of $38.09. The business has a 50-day simple moving average of $29.71 and a two-hundred day simple moving average of $26.80.

About Bayerische Motoren Werke Aktiengesellschaft

(Get Rating)

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved 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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