Bayerische Motoren Werke AG (ETR:BMW) has been given a €84.00 ($94.38) price objective by analysts at Goldman Sachs Group Inc in a note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock.

A number of other analysts also recently issued reports on BMW. Deutsche Bank AG set a €110.00 ($123.60) price objective on shares of Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Wednesday, January 25th. Barclays PLC set a €103.00 ($115.73) price objective on shares of Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Thursday, January 26th. HSBC Holdings plc set a €75.00 ($84.27) price objective on shares of Bayerische Motoren Werke AG and gave the stock a “sell” rating in a report on Tuesday, January 31st. Macquarie set a €105.00 ($117.98) price objective on shares of Bayerische Motoren Werke AG and gave the stock a “buy” rating in a report on Tuesday, January 31st. Finally, Berenberg Bank set a €83.00 ($93.26) price objective on shares of Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Tuesday, February 7th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company’s stock. Bayerische Motoren Werke AG presently has a consensus rating of “Hold” and an average price target of €90.65 ($101.86).

Analyst Recommendations for Bayerische Motoren Werke AG (ETR:BMW)

Shares of Bayerische Motoren Werke AG (ETR:BMW) traded down 0.264% on Wednesday, reaching €85.983. 3,669 shares of the company were exchanged. The company’s 50 day moving average is €85.97 and its 200 day moving average is €85.53. Bayerische Motoren Werke AG has a 12-month low of €63.42 and a 12-month high of €91.67. The firm has a market capitalization of €56.50 billion and a PE ratio of 7.663.

COPYRIGHT VIOLATION NOTICE: This article was published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was stolen and reposted in violation of international trademark and copyright laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/05/24/bayerische-motoren-werke-ag-bmw-pt-set-at-84-00-by-goldman-sachs-group-inc.html.

About Bayerische Motoren Werke AG

Bayerische Motoren Werke AG is a Germany-based automobile and motorcycle manufacturer. It divides its activities into four segments: Automobiles, Motorcycles, Financial Services and Other Entities. The Automotive segment develops, manufactures, assembles and sells cars and off-road vehicles under the brands BMW, MINI and Rolls-Royce as well as spare parts and accessories.

12 Month Chart for ETR:BMW

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.