Bayerische Motoren Werke (ETR:BMW) has been given a €110.00 ($130.95) target price by BNP Paribas in a research note issued on Friday. The firm currently has a “buy” rating on the stock. BNP Paribas’ price objective suggests a potential upside of 16.18% from the stock’s current price.
Several other equities research analysts have also recently commented on the stock. Goldman Sachs Group set a €86.00 ($102.38) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Deutsche Bank set a €120.00 ($142.86) price target on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Sanford C. Bernstein set a €85.00 ($101.19) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. UBS Group set a €85.00 ($101.19) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Wednesday, December 6th. Finally, Barclays set a €110.00 ($130.95) price target on Bayerische Motoren Werke and gave the stock a “buy” rating in a research note on Monday, December 4th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of €94.96 ($113.05).
Shares of Bayerische Motoren Werke (BMW) traded up €1.61 ($1.92) during trading on Friday, reaching €94.68 ($112.71). 2,699,990 shares of the company’s stock traded hands, compared to its average volume of 1,590,000. Bayerische Motoren Werke has a 12-month low of €77.07 ($91.75) and a 12-month high of €94.81 ($112.87). The company has a market capitalization of $61,380.00 and a PE ratio of 8.21.
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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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