HSBC upgraded shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY – Free Report) from a hold rating to a buy rating in a research note released on Tuesday morning, Marketbeat.com reports.
Separately, Jefferies Financial Group reiterated a hold rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research report on Wednesday, March 27th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of Hold.
Check Out Our Latest Report on Bayerische Motoren Werke Aktiengesellschaft
Bayerische Motoren Werke Aktiengesellschaft Stock Performance
Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY – Get Free Report) last released its quarterly earnings results on Wednesday, May 8th. The company reported $1.60 earnings per share for the quarter. The firm had revenue of $39.75 billion for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.70% and a net margin of 7.01%. As a group, equities analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current fiscal year.
Bayerische Motoren Werke Aktiengesellschaft Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 17th were given a dividend of $1.5397 per share. The ex-dividend date was Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft’s payout ratio is 25.74%.
About Bayerische Motoren Werke Aktiengesellschaft
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.
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