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

Berenberg Bank upgraded shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) from a hold rating to a strong-buy rating in a report issued on Wednesday,Zacks.com reports.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

Shares of BAMXF opened at $79.65 on Wednesday. Bayerische Motoren Werke Aktiengesellschaft has a 1 year low of $68.86 and a 1 year high of $123.75. The company’s 50 day simple moving average is $77.95 and its 200 day simple moving average is $83.68. The company has a market capitalization of $46.18 billion, a price-to-earnings ratio of 5.68 and a beta of 0.95. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.78 and a current ratio of 1.10.

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.