Bayerische Motoren Werke AG (BMW) Given a €90.00 Price Target at Deutsche Bank AG
Bayerische Motoren Werke AG (ETR:BMW) received a €90.00 ($100.00) price objective from Deutsche Bank AG in a note issued to investors on Wednesday. The brokerage presently has a a “neutral” rating on the stock.
A number of other research analysts have also recently commented on the company. Commerzbank AG set a €90.00 ($100.00) price objective on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a report on Tuesday, August 30th. Barclays PLC set a €96.00 ($106.67) price target on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a research note on Thursday, September 15th. Independent Research GmbH set a €78.00 ($86.67) price target on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a research note on Friday, July 29th. JPMorgan Chase & Co. set a €110.00 ($122.22) price objective on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a research report on Monday, June 20th. Finally, Baader Bank set a €100.00 ($111.11) price objective on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a research report on Monday, May 30th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €85.18 ($94.64).
Bayerische Motoren Werke AG (ETR:BMW) opened at 75.144 on Wednesday. The firm’s 50-day moving average price is €77.26 and its 200 day moving average price is €75.97. The stock has a market capitalization of €49.35 billion and a P/E ratio of 7.380. Bayerische Motoren Werke AG has a 12-month low of €63.42 and a 12-month high of €104.84.
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Bayerische Motoren Werke AG Company Profile
Bayerische Motoren Werke AG is a German holding company and automobile manufacturer that focuses on the automobile and motorcycle markets. It divides its activities into the three main segments: Automobiles, Motorcycles and Financial Services. It owns three brands: BMW, MINI and Rolls-Royce. Its BMW automobile range encompasses the 1 Series, including three-door, five-door, coupe and convertible models; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, available in sedan and touring models; the 6 Series, available as a coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models, such as M3, M5 and M6.
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