Bayerische Motoren Werke (OTCMKTS:BAMXF) Cut to “Hold” at Berenberg Bank

Berenberg Bank downgraded shares of Bayerische Motoren Werke (OTCMKTS:BAMXF) from a strong-buy rating to a hold rating in a report published on Tuesday,Zacks.com reports.

Several other analysts also recently issued reports on BAMXF. Barclays downgraded shares of Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. DZ Bank raised shares of Bayerische Motoren Werke to a “strong-buy” rating in a research report on Thursday, February 19th. UBS Group cut shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. Finally, Dbs Bank raised Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Bayerische Motoren Werke Stock Down 3.5%

Shares of BAMXF stock opened at $88.00 on Tuesday. The stock’s 50 day simple moving average is $100.75 and its 200 day simple moving average is $100.28. Bayerische Motoren Werke has a twelve month low of $68.23 and a twelve month high of $113.10. 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 $51.02 billion, a price-to-earnings ratio of 6.57 and a beta of 0.61.

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