Independent Research Reiterates “€95.00” Price Target for Bayerische Motoren Werke (BMW)

Bayerische Motoren Werke (ETR:BMW) received a €95.00 ($113.10) price objective from stock analysts at Independent Research in a research note issued on Friday. The firm currently has a “neutral” rating on the stock. Independent Research’s price objective suggests a potential upside of 0.34% from the stock’s current price.

Other research analysts also recently issued reports about the company. Warburg Research set a €105.00 ($125.00) target price on Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Tuesday, November 7th. UBS Group set a €79.00 ($94.05) target price on Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Monday, November 27th. JPMorgan Chase & Co. set a €90.00 ($107.14) target price on Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Tuesday, November 7th. equinet set a €98.00 ($116.67) target price on Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Tuesday, November 7th. Finally, Barclays set a €110.00 ($130.95) target price on Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Monday, December 4th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €94.96 ($113.05).

Shares of Bayerische Motoren Werke (ETR:BMW) traded up €1.61 ($1.92) on Friday, reaching €94.68 ($112.71). The company’s stock had a trading volume of 2,699,990 shares, compared to its average volume of 1,590,000. The firm has a market cap of $61,380.00 and a P/E ratio of 8.21. Bayerische Motoren Werke has a 52-week low of €77.07 ($91.75) and a 52-week high of €94.81 ($112.87).

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About Bayerische Motoren Werke

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 (ETR:BMW)

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