Bayerische Motoren Werke AG (OTCMKTS:BAMXF – Get Free Report) shares gapped down prior to trading on Thursday. The stock had previously closed at $68.00, but opened at $62.50. Bayerische Motoren Werke shares last traded at $62.50, with a volume of 1,161 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised shares of Bayerische Motoren Werke from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 16th. Two analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Bayerische Motoren Werke currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on BAMXF
Bayerische Motoren Werke Stock Up 2.4%
Bayerische Motoren Werke (OTCMKTS:BAMXF – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $2.38 EPS for the quarter, beating the consensus estimate of $2.14 by $0.24. Bayerische Motoren Werke had a return on equity of 6.50% and a net margin of 4.92%.The business had revenue of $35.70 billion during the quarter, compared to the consensus estimate of $36.98 billion.
Bayerische Motoren Werke Company Profile
Bayerische Motoren Werke AG, commonly known as BMW, is a German automotive company headquartered in Munich. Founded in 1916, the company initially focused on aircraft engines before developing motorcycles and automobiles. BMW operates internationally and serves customers across Europe, North America, Asia and other global markets.
BMW develops, manufactures and sells premium automobiles under the BMW, MINI and Rolls-Royce brands. Its vehicle portfolio includes passenger cars, sport utility vehicles, electric vehicles and performance-oriented models.
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