Bayerische Motoren Werke AG (ETR:BMW) received a €85.00 ($95.51) price objective from research analysts at HSBC Holdings plc in a research report issued to clients and investors on Tuesday. The firm currently has a “neutral” rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Barclays PLC set a €103.00 ($115.73) price target on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Tuesday, March 14th. Macquarie set a €105.00 ($117.98) price target on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Tuesday, March 28th. Independent Research GmbH set a €88.00 ($98.88) price objective on shares of Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research report on Thursday, April 13th. Deutsche Bank AG set a €120.00 ($134.83) price objective on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research report on Saturday, May 20th. Finally, S&P Global set a €90.00 ($101.12) price objective on shares of Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research report on Friday, March 10th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of €90.65 ($101.86).

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

Bayerische Motoren Werke AG (ETR:BMW) opened at 84.30 on Tuesday. The company has a market cap of €55.39 billion and a price-to-earnings ratio of 7.51. The company’s 50 day moving average is €86.04 and its 200 day moving average is €85.52. Bayerische Motoren Werke AG has a 12-month low of €63.42 and a 12-month high of €91.67.

ILLEGAL ACTIVITY NOTICE: This piece was first published by American Banking News and is the property of of American Banking News. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/05/28/hsbc-holdings-plc-reiterates-85-00-price-target-for-bayerische-motoren-werke-ag-bmw.html.

Bayerische Motoren Werke AG Company Profile

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.