Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Downgraded to “Strong Sell” Rating by Barclays

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) was downgraded by analysts at Barclays from a “hold” rating to a “strong sell” rating in a report released on Thursday,Zacks.com reports.

A number of other equities research analysts have also recently commented on BAMXF. Dbs Bank cut Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 19th. Hsbc Global Res lowered Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 20th. Finally, Berenberg Bank raised shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd.

Bayerische Motoren Werke Aktiengesellschaft Stock Down 2.9 %

Shares of OTCMKTS:BAMXF opened at $81.83 on Thursday. The stock has a market capitalization of $47.44 billion, a price-to-earnings ratio of 5.83 and a beta of 0.91. The stock has a fifty day simple moving average of $84.91 and a two-hundred day simple moving average of $81.48. Bayerische Motoren Werke Aktiengesellschaft has a 12-month low of $68.86 and a 12-month high of $123.75. The company has a current ratio of 1.10, a quick ratio of 0.78 and a debt-to-equity ratio of 0.65.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last posted its quarterly earnings results on Friday, March 14th. The company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $3.68 by ($1.10). Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 8.67% and a net margin of 5.48%. The business had revenue of $37.70 billion during the quarter, compared to the consensus estimate of $43.77 billion. On average, research analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 13.38 earnings per share for the current fiscal year.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft 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.