Zacks Investment Research lowered shares of Bayerische Motoren Werke AG (OTCMKTS:BAMXF) from a strong-buy rating to a hold rating in a report released on Monday.
According to Zacks, “BAYERISCHE MOTOREN WERKE AG is a multi-brand automobile manufacturer that focuses on the premium segments of the worldwide automobile and motorcycle markets. It has three brands: BMW, MINI and Rolls-Royce. The Company’s BMW automobile range includes the 1 Series, a sports hatchback; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, available in sedan and touring models; the 6 Series, available as a coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models, such as M3, M5 and M6. A variety of motorcycles are also available under the BMW brand. “
Separately, ValuEngine upgraded shares of Bayerische Motoren Werke AG from a buy rating to a strong-buy rating in a research note on Friday, July 7th.
Bayerische Motoren Werke AG (BAMXF) opened at 104.60 on Monday. The firm has a market capitalization of $68.73 billion, a price-to-earnings ratio of 7.50 and a beta of 1.55. Bayerische Motoren Werke AG has a one year low of $82.99 and a one year high of $104.96. The firm’s 50-day moving average is $99.79 and its 200 day moving average is $95.20.
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About Bayerische Motoren Werke AG
Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells cars and motorcycles, and spare parts and accessories worldwide. The company operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment develops, manufactures, assembles, and sells cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brand names; and spare parts and accessories, as well as provides mobility services.
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