Bayer Motoren Werk (BAMXF) Cut to Hold at Zacks Investment Research

Bayer Motoren Werk (OTCMKTS:BAMXF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

According to Zacks, “BAYERISCHE MOTOREN WERKE AG is a multi-brand automobile manufacturer that focuses on the premium segments of the worldwide automobile and motorcycle markets. It has three brands: BMW, MINI and Rolls-Royce. The Company’s BMW automobile range includes the 1 Series, a sports hatchback; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, available in sedan and touring models; the 6 Series, available as a coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models, such as M3, M5 and M6. A variety of motorcycles are also available under the BMW brand. “

Several other research firms also recently commented on BAMXF. ValuEngine downgraded Bayer Motoren Werk from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 1st. DZ Bank reissued a “buy” rating on shares of Bayer Motoren Werk in a research note on Friday, November 24th.

Bayer Motoren Werk (OTCMKTS:BAMXF) opened at $104.89 on Monday. Bayer Motoren Werk has a 52 week low of $87.12 and a 52 week high of $118.25. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.05 and a quick ratio of 0.84.

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About Bayer Motoren Werk

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells cars and motorcycles, and spare parts and accessories worldwide. The company operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment develops, manufactures, assembles, and sells cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brand names; and spare parts and accessories, as well as provides mobility services.

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