Bayerische Motoren Werke AG (OTCMKTS:BAMXF) Upgraded at Zacks Investment Research

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a report released on Thursday, July 6th. The firm presently has a $107.00 price target on the stock. Zacks Investment Research‘s price target would indicate a potential upside of 11.17% from the company’s current price.

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. “

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) opened at 96.25 on Thursday. Bayerische Motoren Werke AG has a one year low of $81.27 and a one year high of $98.89. The company has a 50-day moving average of $94.42 and a 200-day moving average of $92.75. The stock has a market capitalization of $63.25 billion, a price-to-earnings ratio of 7.51 and a beta of 1.53.

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