Morgan Stanley lowered shares of Bayer Motoren Werk (OTCMKTS:BMWYY) from an equal weight rating to an underweight rating in a research report sent to investors on Thursday, October 19th, StockTargetPrices.com reports.
Separately, Credit Suisse Group initiated coverage on Bayer Motoren Werk in a report on Wednesday, October 18th. They issued an outperform rating for the company.
Shares of Bayer Motoren Werk (BMWYY) traded up 0.40% during trading on Thursday, hitting $33.74. 21,334 shares of the stock were exchanged. The stock has a market cap of $66.58 billion and a price-to-earnings ratio of 7.27. Bayer Motoren Werk has a 12-month low of $27.51 and a 12-month high of $35.01. The stock’s 50 day moving average is $33.97 and its 200-day moving average is $32.08.
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