Bayerische Motoren Werke AG (BMW) Given a €85.00 Price Target at Sanford C. Bernstein
Bayerische Motoren Werke AG (ETR:BMW) has been assigned a €85.00 ($100.00) price target by equities research analysts at Sanford C. Bernstein in a report released on Wednesday. The brokerage currently has a “neutral” rating on the stock.
Several other research analysts have also weighed in on the company. Independent Research GmbH set a €80.00 ($94.12) price objective on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a research report on Tuesday, July 25th. Warburg Research set a €107.00 ($125.88) target price on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research report on Monday, July 24th. Macquarie set a €105.00 ($123.53) price target on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Wednesday, June 28th. Barclays PLC set a €110.00 ($129.41) price target on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Thursday, April 20th. Finally, Goldman Sachs Group, Inc. (The) set a €84.00 ($98.82) price target on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Tuesday, July 11th. One analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of €92.04 ($108.29).
Bayerische Motoren Werke AG (ETR BMW) traded down 1.208% during trading on Wednesday, reaching €78.774. The company’s stock had a trading volume of 3,049 shares. The company’s 50 day moving average price is €80.87 and its 200-day moving average price is €83.99. Bayerische Motoren Werke AG has a 1-year low of €72.00 and a 1-year high of €91.67. The stock has a market cap of €51.76 billion and a P/E ratio of 6.788.
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About Bayerische Motoren Werke AG
Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells cars and motorcycles, and spare parts and accessories worldwide. The company operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment develops, manufactures, assembles, and sells cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brand names; and spare parts and accessories, as well as provides mobility services.
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