Barclays Downgrades Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) to Strong Sell

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

BAMXF has been the topic of a number of other reports. Dbs Bank cut Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 19th. Berenberg Bank raised Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd. Finally, Hsbc Global Res lowered shares of Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 20th.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

Shares of OTCMKTS BAMXF opened at $81.83 on Thursday. The stock has a market cap of $47.44 billion, a P/E ratio of 5.83 and a beta of 0.91. The company has a quick ratio of 0.78, a current ratio of 1.10 and a debt-to-equity ratio of 0.65. Bayerische Motoren Werke Aktiengesellschaft has a fifty-two week low of $68.86 and a fifty-two week high of $123.75. The firm’s 50-day simple moving average is $84.91 and its 200 day simple moving average is $81.48.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last announced its quarterly earnings data on Friday, March 14th. The company reported $2.58 EPS for the quarter, missing analysts’ consensus estimates of $3.68 by ($1.10). The business had revenue of $37.70 billion for the quarter, compared to analyst estimates of $43.77 billion. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 8.67% and a net margin of 5.48%. Equities analysts expect that Bayerische Motoren Werke Aktiengesellschaft will post 13.38 EPS for the current 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.