Berenberg Bank Upgrades Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) to Strong-Buy

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

Bayerische Motoren Werke Aktiengesellschaft Trading Up 1.9 %

OTCMKTS:BAMXF opened at $79.65 on Wednesday. The stock’s 50 day moving average price is $77.95 and its 200 day moving average price is $83.68. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $68.86 and a 52-week high of $123.75. The company has a market capitalization of $46.18 billion, a PE ratio of 5.68 and a beta of 0.95. 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 Company Profile

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.