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

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

Separately, Jefferies Financial Group reaffirmed 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 issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Hold.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

Shares of OTCMKTS:BMWYY opened at $33.37 on Tuesday. The company’s fifty day moving average price is $33.25 and its 200-day moving average price is $35.98. The firm has a market capitalization of $60.33 billion, a price-to-earnings ratio of 5.51 and a beta of 1.10. Bayerische Motoren Werke Aktiengesellschaft has a one year low of $30.80 and a one year high of $41.65. 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 (OTCMKTS:BMWYY) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $1.60 EPS for the quarter. The firm had revenue of $39.75 billion for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 7.01% and a return on equity of 11.70%. On average, equities research analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 earnings per share for the current fiscal year.

Bayerische Motoren Werke Aktiengesellschaft Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, May 31st. Shareholders 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 dividend payout ratio (DPR) is presently 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.