Bayer Motoren Werk (OTCMKTS:BMWYY) was downgraded by investment analysts at Goldman Sachs Group from a “neutral” rating to a “sell” rating in a report issued on Thursday, The Fly reports.

Other research analysts have also recently issued research reports about the stock. Citigroup reiterated a “sell” rating on shares of Bayer Motoren Werk in a report on Tuesday, October 24th. Credit Suisse Group assumed coverage on shares of Bayer Motoren Werk in a report on Wednesday, October 18th. They set an “outperform” rating for the company. Morgan Stanley cut shares of Bayer Motoren Werk from an “equal weight” rating to an “underweight” rating in a report on Thursday, October 19th. Finally, Barclays reiterated a “buy” rating on shares of Bayer Motoren Werk in a report on Monday, October 16th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold”.

Shares of Bayer Motoren Werk (OTCMKTS:BMWYY) traded down $0.07 during mid-day trading on Thursday, hitting $33.39. 34,624 shares of the company were exchanged, compared to its average volume of 34,969. Bayer Motoren Werk has a 52-week low of $29.00 and a 52-week high of $35.06.

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