Bayerische Motoren Werke AG (BMW) Given a €78.00 Price Target at Morgan Stanley
Bayerische Motoren Werke AG (ETR:BMW) has been given a €78.00 ($85.71) target price by Morgan Stanley in a research report issued on Tuesday. The brokerage presently has a a “buy” rating on the stock.
BMW has been the topic of a number of other reports. Deutsche Bank AG set a €90.00 ($98.90) price target on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a research note on Wednesday, September 21st. BNP Paribas set a €70.00 ($76.92) price target on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a research note on Wednesday, September 28th. Commerzbank AG set a €90.00 ($98.90) target price on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Tuesday, August 30th. Nord/LB set a €90.00 ($98.90) target price on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Thursday, October 13th. Finally, Barclays PLC set a €96.00 ($105.49) target price on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Thursday, September 15th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the company. Bayerische Motoren Werke AG presently has an average rating of “Hold” and a consensus price target of €86.02 ($94.53).
Bayerische Motoren Werke AG (ETR:BMW) opened at 76.785 on Tuesday. The company has a 50 day moving average price of €76.23 and a 200-day moving average price of €75.37. Bayerische Motoren Werke AG has a one year low of €63.42 and a one year high of €104.84. The company has a market capitalization of €50.43 billion and a PE ratio of 7.541.
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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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