Bayerische Motoren Werke AG (BMW) PT Set at €78.00 by Morgan Stanley
Bayerische Motoren Werke AG (ETR:BMW) has been given a €78.00 ($86.67) price objective by research analysts at Morgan Stanley in a research note issued to investors on Wednesday. The brokerage currently has a a “buy” rating on the stock.
Other equities analysts have also recently issued research reports about the company. Baader Bank set a €100.00 ($111.11) price objective on Bayerische Motoren Werke AG and gave the company a “buy” rating in a report on Monday, June 20th. JPMorgan Chase & Co. set a €110.00 ($122.22) price target on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Monday, June 20th. Goldman Sachs Group Inc. set a €97.00 ($107.78) price target on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Thursday, June 23rd. Bankhaus Lampe set a €80.00 ($88.89) price target on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Friday, July 1st. Finally, Barclays PLC set a €96.00 ($106.67) price target on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Wednesday, June 29th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €85.86 ($95.40).
Bayerische Motoren Werke AG (ETR:BMW) opened at 77.472 on Wednesday. The stock has a 50 day moving average price of €76.27 and a 200 day moving average price of €75.48. Bayerische Motoren Werke AG has a 12 month low of €63.42 and a 12 month high of €104.84. The firm has a market cap of €50.88 billion and a price-to-earnings ratio of 7.609.
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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.
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