Bayer Motoren Werk (BMWYY) Downgraded by JPMorgan Chase & Co. to Underweight
Bayer Motoren Werk (OTCMKTS:BMWYY) was downgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research report issued on Friday, The Fly reports.
A number of other research firms have also weighed in on BMWYY. Morgan Stanley lowered shares of Bayer Motoren Werk from an “equal weight” rating to an “underweight” rating in a research note on Thursday, October 19th. Credit Suisse Group began coverage on shares of Bayer Motoren Werk in a research note on Wednesday, October 18th. They set an “outperform” rating on the stock. Goldman Sachs Group lowered shares of Bayer Motoren Werk from a “neutral” rating to a “sell” rating in a research note on Thursday, December 7th. Citigroup restated a “sell” rating on shares of Bayer Motoren Werk in a research note on Tuesday, October 24th. Finally, Barclays reaffirmed a “buy” rating on shares of Bayer Motoren Werk in a report on Monday, October 16th. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold”.
Shares of Bayer Motoren Werk (OTCMKTS:BMWYY) opened at $35.19 on Friday. Bayer Motoren Werk has a one year low of $29.00 and a one year high of $35.12.
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