Bayerische Motoren Werke (ETR:BMW) has been given a €100.00 ($123.46) price objective by equities research analysts at equinet in a research note issued on Tuesday. The brokerage currently has a “buy” rating on the stock. equinet’s target price would indicate a potential upside of 15.37% from the company’s previous close.
Several other analysts have also issued reports on BMW. Sanford C. Bernstein set a €85.00 ($104.94) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Monday, October 16th. Independent Research set a €90.00 ($111.11) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Tuesday, October 17th. Credit Suisse Group set a €126.00 ($155.56) price target on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Citigroup set a €74.00 ($91.36) price target on shares of Bayerische Motoren Werke and gave the stock a “sell” rating in a research report on Wednesday, October 18th. Finally, BNP Paribas set a €93.00 ($114.81) price target on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of €94.96 ($117.23).
Shares of Bayerische Motoren Werke (ETR BMW) opened at €86.68 ($107.01) on Tuesday. The stock has a market cap of $56,730.00 and a P/E ratio of 7.52. Bayerische Motoren Werke has a 52-week low of €77.07 ($95.15) and a 52-week 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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