Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Upgraded to “Strong-Buy” by Hsbc Global Res

Hsbc Global Res upgraded shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) from a hold rating to a strong-buy rating in a research report report published on Tuesday, Zacks.com reports.

Several other brokerages have also recently weighed in on BMWYY. HSBC upgraded Bayerische Motoren Werke Aktiengesellschaft from a hold rating to a buy rating in a research report on Tuesday. Jefferies Financial Group reissued a hold rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Wednesday, March 27th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of Hold.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 1.4 %

Shares of OTCMKTS:BMWYY opened at $33.37 on Tuesday. The business’s 50 day simple moving average is $33.25 and its two-hundred day simple moving average is $35.98. The firm has a market cap of $60.33 billion, a P/E ratio of 5.51 and a beta of 1.10. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.83 and a current ratio of 1.13. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $30.80 and a 52-week high of $41.65.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $1.60 EPS for the quarter. The firm had revenue of $39.75 billion during the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.70% and a net margin of 7.01%. As a group, research analysts forecast that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS 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. Stockholders of record on Friday, May 17th were issued a dividend of $1.5397 per share. The ex-dividend date of this dividend was Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft’s payout ratio is 25.74%.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

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.