Bayerische Motoren Werke AG (BMW) Given a €78.00 Price Target by Morgan Stanley Analysts
Bayerische Motoren Werke AG (ETR:BMW) has been assigned a €78.00 ($86.67) price objective by research analysts at Morgan Stanley in a research note issued on Wednesday. The brokerage currently has a a “buy” rating on the stock.
Several other equities analysts have also issued reports on the company. BNP Paribas set a €63.00 ($70.00) price target on Bayerische Motoren Werke AG and gave the company a “sell” rating in a research note on Monday, June 27th. Barclays PLC set a €96.00 ($106.67) price target on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Wednesday, July 6th. Warburg Research set a €115.00 ($127.78) price target on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Tuesday, August 2nd. Oddo Securities set a €85.00 ($94.44) price target on Bayerische Motoren Werke AG and gave the company a “sell” rating in a research note on Friday, June 24th. Finally, Goldman Sachs Group Inc. set a €85.00 ($94.44) price target on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Friday, August 19th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €85.86 ($95.40).
Shares of Bayerische Motoren Werke AG (ETR:BMW) opened at 77.472 on Wednesday. The firm has a market capitalization of €50.88 billion and a price-to-earnings ratio of 7.609. Bayerische Motoren Werke AG has a 12-month low of €63.42 and a 12-month high of €104.84. The company has a 50-day moving average price of €76.27 and a 200 day moving average price of €75.48.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/12/bayerische-motoren-werke-ag-bmw-given-a-78-00-price-target-by-morgan-stanley-analysts.html
About Bayerische Motoren Werke AG
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.
Receive News & Ratings for Bayerische Motoren Werke AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bayerische Motoren Werke AG and related companies with MarketBeat.com's FREE daily email newsletter.