HSBC Analysts Give Bayerische Motoren Werke AG (BMW) a €70.00 Price Target
Bayerische Motoren Werke AG (ETR:BMW) has been assigned a €70.00 ($77.78) price target by HSBC in a research report issued on Friday. The firm presently has a a “sell” rating on the stock.
Several other research firms also recently commented on BMW. Societe Generale set a €80.00 ($88.89) price objective on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Friday, July 8th. Barclays PLC set a €96.00 ($106.67) price objective on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Wednesday, July 6th. Baader Bank set a €100.00 ($111.11) price objective on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Tuesday, July 5th. Kepler Capital Markets set a €73.00 ($81.11) price objective on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Monday, July 4th. Finally, Bankhaus Lampe set a €80.00 ($88.89) price objective on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Friday, July 1st. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the company. Bayerische Motoren Werke AG currently has a consensus rating of “Hold” and a consensus price target of €86.02 ($95.58).
Bayerische Motoren Werke AG (ETR:BMW) opened at 77.307 on Friday. Bayerische Motoren Werke AG has a 12-month low of €63.42 and a 12-month high of €104.84. The company has a market cap of €50.78 billion and a price-to-earnings ratio of 7.593. The stock has a 50 day moving average price of €76.24 and a 200-day moving average price of €75.46.
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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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