Bayerische Motoren Werke AG (OTCMKTS:BAMXF – Get Free Report)’s stock price gapped down before the market opened 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.
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 report on Wednesday, September 16th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Report on Bayerische Motoren Werke
Bayerische Motoren Werke Price Performance
Bayerische Motoren Werke (OTCMKTS:BAMXF – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $35.70 billion for the quarter, compared to analysts’ expectations of $36.98 billion.
About Bayerische Motoren Werke
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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