Bayerische Motoren Werke (BAMXF) Upgraded to Hold by Zacks Investment Research

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Bayerische Motoren Werke (OTCMKTS:BAMXF) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Wednesday.

According to Zacks, “BAYERISCHE MOTOREN WERKE AG is a multi-brand automobile manufacturer that focuses on the premium segments of the worldwide automobile and motorcycle markets. It has three brands: BMW, MINI and Rolls-Royce. The Company’s BMW automobile range includes the 1 Series, a sports hatchback; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, available in sedan and touring models; the 6 Series, available as a coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models, such as M3, M5 and M6. A variety of motorcycles are also available under the BMW brand. “

A number of other research analysts have also commented on the company. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Bayerische Motoren Werke in a research report on Tuesday, August 28th. DZ Bank reiterated a “neutral” rating on shares of Bayerische Motoren Werke in a research report on Friday, August 3rd. Finally, ValuEngine lowered Bayerische Motoren Werke from a “hold” rating to a “sell” rating in a research report on Thursday, June 21st.

BAMXF traded up $0.02 during mid-day trading on Wednesday, reaching $94.52. The stock had a trading volume of 938 shares, compared to its average volume of 1,050. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98. Bayerische Motoren Werke has a 52 week low of $89.97 and a 52 week high of $118.25.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last announced its quarterly earnings data on Thursday, August 2nd. The company reported $3.73 EPS for the quarter, beating the Zacks’ consensus estimate of $3.61 by $0.12. The firm had revenue of $29.86 billion for the quarter, compared to analyst estimates of $29.05 billion. Bayerische Motoren Werke had a return on equity of 16.81% and a net margin of 8.94%. research analysts anticipate that Bayerische Motoren Werke will post 13.51 earnings per share for the current fiscal year.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. The company operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment develops, manufactures, assembles, and sells automobiles and off-road vehicles under the BMW, MINI, and Rolls-Royce brands; and spare parts and accessories, as well as offers mobility services.

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