Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Upgraded by Berenberg Bank to Strong-Buy Rating

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) was upgraded by analysts at Berenberg Bank from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

BAMXF stock opened at $79.65 on Wednesday. The stock has a 50-day simple moving average of $77.95 and a 200-day simple moving average of $83.68. The firm has a market cap of $46.18 billion, a P/E ratio of 5.68 and a beta of 0.95. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.78 and a current ratio of 1.10. Bayerische Motoren Werke Aktiengesellschaft has a 1 year low of $68.86 and a 1 year high of $123.75.

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.