Bayerische Motoren Werke (ETR:BMW) has been assigned a €85.00 ($101.19) price target by equities research analysts at UBS Group in a research report issued on Tuesday, www.boersen-zeitung.de reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target would suggest a potential downside of 10.92% from the stock’s previous close.
A number of other analysts have also issued reports on BMW. Morgan Stanley set a €81.00 ($96.43) price target on Bayerische Motoren Werke and gave the stock a “sell” rating in a research note on Wednesday, January 17th. Kepler Capital Markets set a €77.00 ($91.67) price objective on Bayerische Motoren Werke and gave the stock a “sell” rating in a research note on Tuesday. Deutsche Bank reissued a “buy” rating on shares of Bayerische Motoren Werke in a research note on Tuesday. Sanford C. Bernstein set a €85.00 ($101.19) price objective on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Wednesday, September 27th. Finally, Citigroup set a €74.00 ($88.10) price objective on Bayerische Motoren Werke and gave the stock a “sell” rating in a research note on Monday, January 15th. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of €94.83 ($112.90).
Bayerische Motoren Werke (BMW) traded down €0.84 ($1.00) during trading on Tuesday, hitting €95.42 ($113.60). The stock had a trading volume of 1,140,679 shares, compared to its average volume of 1,650,000. The stock has a market capitalization of $62,420.00 and a PE ratio of 8.28. Bayerische Motoren Werke has a 1-year low of €77.07 ($91.75) and a 1-year high of €97.50 ($116.07).
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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