UBS Downgrades Bayerische Motoren Werke Aktiengesellschaft (BAMXF) to Hold

In a report released yesterday, Patrick Hummel from UBS downgraded Bayerische Motoren Werke Aktiengesellschaft (BAMXFResearch Report) to Hold, with a price target of EUR60.00. The company’s shares closed last Monday at $64.42.

According to, Hummel is a 1-star analyst with an average return of -1.6% and a 41.7% success rate. Hummel covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Fiat Chrysler Automobiles, and Daimler.

Bayerische Motoren Werke Aktiengesellschaft has an analyst consensus of Moderate Buy, with a price target consensus of $65.75, representing a 4.8% upside. In a report issued on June 17, Kepler Capital also upgraded the stock to Hold with a EUR56.00 price target.

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Based on Bayerische Motoren Werke Aktiengesellschaft’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $23.25 billion and net profit of $554 million. In comparison, last year the company earned revenue of $22.46 billion and had a net profit of $561 million.

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Bayerische Motoren Werke AG engages in the manufacture and sale of automobiles and motorcycles. It operates through the following business segments: Automotive, Motorcycles, Financial Services, and Other Entities. The Automotive segment develops, manufactures, assembles, and sells cars and off-road vehicles, under the following brands: BMW, MINI, and Rolls-Royce, as well as spare parts and accessories. The Motorcycles segment focuses on the premium segment. The Financial Services segment offers credit financing, leasing and other services to retail customers. The Other Entities segment includes holding and group financing activities. The company was founded on March 6, 1916 and is headquartered in Munich, Germany.