Bayerische Motoren Werke AG (BMW) Given Consensus Recommendation of “Hold” by Brokerages
Bayerische Motoren Werke AG (ETR:BMW) has been assigned an average rating of “Hold” from the twenty-three brokerages that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is €92.57 ($107.63).
BMW has been the topic of a number of recent research reports. Barclays PLC set a €110.00 ($127.91) price target on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research report on Wednesday, April 5th. Deutsche Bank AG set a €120.00 ($139.53) price objective on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Friday, April 7th. DZ Bank AG set a €96.00 ($111.63) price objective on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Tuesday, March 28th. Macquarie set a €105.00 ($122.09) price objective on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Tuesday, March 28th. Finally, Jefferies Group LLC set a €95.00 ($110.47) price objective on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Tuesday, April 18th.
Shares of Bayerische Motoren Werke AG (ETR BMW) traded down 2.22% during midday trading on Monday, hitting €78.80. 48,040 shares of the company’s stock were exchanged. The stock has a market cap of €51.78 billion and a PE ratio of 7.02. Bayerische Motoren Werke AG has a 1-year low of €72.00 and a 1-year high of €91.67. The stock’s 50 day moving average is €83.61 and its 200-day moving average is €85.30.
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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.
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