Bayerische Motoren Werke AG (ETR:BMW) received a €79.00 ($92.94) target price from stock analysts at UBS AG in a research report issued to clients and investors on Wednesday, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the stock.

A number of other research analysts also recently commented on BMW. Morgan Stanley set a €81.00 ($95.29) target price on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research report on Monday. Sanford C. Bernstein set a €85.00 ($100.00) target price on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research report on Monday. Barclays PLC set a €118.00 ($138.82) target price on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research report on Friday, September 29th. J P Morgan Chase & Co set a €90.00 ($105.88) target price on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research report on Tuesday, September 26th. Finally, Independent Research GmbH set a €87.00 ($102.35) target price on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research report on Monday, September 18th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €92.04 ($108.29).

Shares of Bayerische Motoren Werke AG (BMW) traded down 0.266% during midday trading on Wednesday, reaching €88.404. 3,729 shares of the company’s stock traded hands. The stock’s 50-day moving average price is €83.17 and its 200 day moving average price is €83.61. The firm has a market capitalization of €58.09 billion and a PE ratio of 7.618. Bayerische Motoren Werke AG has a one year low of €73.00 and a one year high of €91.67.

TRADEMARK VIOLATION NOTICE: “UBS AG Reiterates €79.00 Price Target for Bayerische Motoren Werke AG (BMW)” was originally reported by American Banking News and is owned by of American Banking News. If you are reading this story on another website, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this story can be read at https://www.americanbankingnews.com/2017/10/11/ubs-ag-reiterates-79-00-price-target-for-bayerische-motoren-werke-ag-bmw.html.

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.

Analyst Recommendations for Bayerische Motoren Werke AG (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.