Bayerische Motoren Werke (OTCMKTS:BAMXF) Upgraded at Dbs Bank

Dbs Bank upgraded shares of Bayerische Motoren Werke (OTCMKTS:BAMXF) from a moderate sell rating to a hold rating in a research note issued to investors on Monday,Zacks.com reports.

Several other equities research analysts have also issued reports on the stock. Barclays lowered 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 note on Thursday, February 19th. Finally, UBS Group lowered shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Bayerische Motoren Werke Stock Performance

Shares of OTCMKTS:BAMXF opened at $91.17 on Monday. Bayerische Motoren Werke has a 12-month low of $68.23 and a 12-month high of $113.10. The business has a 50 day moving average of $101.13 and a 200-day moving average of $100.37. The company has a quick ratio of 0.86, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The stock has a market cap of $52.86 billion, a PE ratio of 6.81 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, 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 company had revenue of $39.27 billion during the quarter, compared to analysts’ expectations of $43.71 billion. As a group, equities research analysts forecast that Bayerische Motoren Werke will post 13.38 earnings per share for the current year.

About Bayerische Motoren Werke

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.