Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Lifted to Buy at HSBC

HSBC upgraded shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) from a hold rating to a buy rating in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports.

Separately, Jefferies Financial Group reiterated a hold rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Wednesday, March 27th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of Hold.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 1.6 %

OTCMKTS BMWYY opened at $32.92 on Tuesday. The business has a fifty day moving average price of $33.32 and a two-hundred day moving average price of $36.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.13 and a quick ratio of 0.83. Bayerische Motoren Werke Aktiengesellschaft has a fifty-two week low of $30.80 and a fifty-two week high of $41.65. The stock has a market capitalization of $59.51 billion, a PE ratio of 5.43 and a beta of 1.10.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last released its earnings results on Wednesday, May 8th. The company reported $1.60 earnings per share for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.70% and a net margin of 7.01%. The firm had revenue of $39.75 billion during the quarter. Equities analysts expect that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 earnings per share for the current fiscal year.

Bayerische Motoren Werke Aktiengesellschaft Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 17th were issued a $1.5397 dividend. The ex-dividend date was Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft’s payout ratio is 25.74%.

About Bayerische Motoren Werke Aktiengesellschaft

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.