Bayerische Motoren Werke AG (BMW) Given a €87.00 Price Target by Independent Research GmbH Analysts
Bayerische Motoren Werke AG (ETR:BMW) has been given a €87.00 ($103.57) price target by stock analysts at Independent Research GmbH in a note issued to investors on Monday. The firm presently has a “neutral” rating on the stock.
Several other brokerages have also recently weighed in on BMW. Deutsche Bank AG set a €120.00 ($142.86) price target on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a research note on Thursday, August 31st. HSBC Holdings plc set a €85.00 ($101.19) target price on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a research note on Monday, June 12th. Kepler Capital Markets set a €78.00 ($92.86) target price on Bayerische Motoren Werke AG and gave the stock a “sell” rating in a research note on Friday, August 4th. Berenberg Bank set a €79.00 ($94.05) target price on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a research note on Thursday, August 31st. Finally, Morgan Stanley set a €81.00 ($96.43) target price on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a research note on Monday, May 29th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of €92.04 ($109.58).
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Bayerische Motoren Werke AG Company Profile
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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