DZ Bank Reiterates Neutral Rating for Bayerische Motoren Werke (BAMXF)

Bayerische Motoren Werke (OTCMKTS:BAMXF)‘s stock had its “neutral” rating reissued by equities research analysts at DZ Bank in a research note issued on Wednesday.

Other equities analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a research report on Monday, July 9th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Bayerische Motoren Werke in a research report on Tuesday, August 28th. Finally, ValuEngine cut shares of Bayerische Motoren Werke from a “hold” rating to a “sell” rating in a research report on Thursday, June 21st.

BAMXF stock opened at $92.97 on Wednesday. Bayerische Motoren Werke has a 1 year low of $89.97 and a 1 year high of $118.25. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.98.

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

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke AG engages in the manufacture and sale of automobiles and motorcycles. It operates through the following business segments: Automotive, Motorcycles, Financial Services, and Other Entities. The Automotive segment develops, manufactures, assembles, and sells cars and off-road vehicles, under the following brands: BMW, MINI, and Rolls-Royce, as well as spare parts and accessories.

Read More: How to Invest in Marijuana Stocks

Receive News & Ratings for Bayerische Motoren Werke Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bayerische Motoren Werke and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply