Bayerische Motoren Werke (ETR:BMW) received a €78.00 ($96.30) price objective from investment analysts at Kepler Capital Markets in a research report issued to clients and investors on Monday. The firm presently has a “sell” rating on the stock. Kepler Capital Markets’ price objective would indicate a potential downside of 11.40% from the stock’s current price.
A number of other equities research analysts have also commented on the company. Goldman Sachs Group set a €86.00 ($106.17) price target on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Deutsche Bank set a €120.00 ($148.15) price target on 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 ($104.94) price target on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. UBS Group set a €85.00 ($104.94) price target on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Wednesday, December 6th. Finally, Barclays set a €110.00 ($135.80) price target on Bayerische Motoren Werke and gave the stock a “buy” rating in a research report on Monday, December 4th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of €94.88 ($117.13).
Shares of Bayerische Motoren Werke (ETR:BMW) opened at €88.04 ($108.69) on Monday. The company has a market capitalization of $56,290.00 and a P/E ratio of 7.64. Bayerische Motoren Werke has a 12-month low of €77.07 ($95.15) and a 12-month high of €97.04 ($119.80).
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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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