Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Given Consensus Rating of “Reduce” by Brokerages

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) has earned an average recommendation of “Reduce” from the nine research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $90.00.

A number of equities analysts have recently weighed in on the company. Citigroup cut Bayerische Motoren Werke Aktiengesellschaft from a “neutral” rating to a “sell” rating in a report on Wednesday, August 9th. HSBC downgraded Bayerische Motoren Werke Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

OTCMKTS BMWYY opened at $33.95 on Friday. Bayerische Motoren Werke Aktiengesellschaft has a fifty-two week low of $22.27 and a fifty-two week high of $41.20. The business has a fifty day moving average of $37.83 and a 200-day moving average of $37.34.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, 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.