Bayer Motoren Werk (BMWYY) Receives Consensus Recommendation of “Hold” from Brokerages

Bayer Motoren Werk (OTCMKTS:BMWYY) has been given an average recommendation of “Hold” by the ten ratings firms that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company.

BMWYY has been the subject of a number of research reports. Credit Suisse Group initiated coverage on shares of Bayer Motoren Werk in a research note on Wednesday, October 18th. They issued an “outperform” rating for the company. Barclays reissued a “buy” rating on shares of Bayer Motoren Werk in a research note on Monday, October 16th. Morgan Stanley reissued an “underweight” rating on shares of Bayer Motoren Werk in a research note on Thursday, October 19th. Goldman Sachs Group cut shares of Bayer Motoren Werk from a “neutral” rating to a “sell” rating in a research note on Thursday, December 7th. Finally, JPMorgan Chase & Co. cut shares of Bayer Motoren Werk from a “neutral” rating to an “underweight” rating in a research note on Friday, January 5th.

Shares of Bayer Motoren Werk (OTCMKTS BMWYY) traded down $1.04 during trading hours on Tuesday, reaching $37.17. 60,004 shares of the company traded hands, compared to its average volume of 72,008. Bayer Motoren Werk has a 12 month low of $29.00 and a 12 month high of $39.50.

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Analyst Recommendations for Bayer Motoren Werk (OTCMKTS:BMWYY)

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