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 released on Wednesday,Zacks.com reports.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 1.9 %

Shares of BAMXF stock opened at $79.65 on Wednesday. Bayerische Motoren Werke Aktiengesellschaft has a fifty-two week low of $68.86 and a fifty-two week high of $123.75. The company has a quick ratio of 0.78, a current ratio of 1.10 and a debt-to-equity ratio of 0.65. The business has a fifty day simple moving average of $77.95 and a 200-day simple moving average of $83.68. The stock has a market cap of $46.18 billion, a P/E ratio of 5.68 and a beta of 0.95.

About Bayerische Motoren Werke Aktiengesellschaft

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.