Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Upgraded to “Equal Weight” at Barclays

Posted by ABMN Staff on Oct 4th, 2024

Barclays upgraded shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY – Free Report) from an underweight rating to an equal weight rating in a report published on Thursday morning, Marketbeat reports.

A number of other brokerages have also issued reports on BMWYY. HSBC upgraded Bayerische Motoren Werke Aktiengesellschaft from a hold rating to a buy rating in a research note on Tuesday, July 9th. Hsbc Global Res upgraded Bayerische Motoren Werke Aktiengesellschaft from a hold rating to a strong-buy rating in a research note on Tuesday, July 9th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy.

Read Our Latest Analysis on BMWYY

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

BMWYY opened at $29.20 on Thursday. The company has a market cap of $52.79 billion, a P/E ratio of 4.82 and a beta of 1.10. The company has a quick ratio of 0.80, a current ratio of 1.10 and a debt-to-equity ratio of 0.62. The firm’s 50-day moving average price is $29.31 and its 200-day moving average price is $33.12. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $25.15 and a 52-week high of $41.65.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY – Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $1.49 earnings per share (EPS) for the quarter. The business had revenue of $39.77 billion for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 6.90% and a return on equity of 11.39%. As a group, equities analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current fiscal year.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

(Get Free Report)

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, 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.