Bayerische Motoren Werke (ETR:BMW) received a €120.00 ($148.15) price objective from Deutsche Bank in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 36.36% from the stock’s previous close.
Several other research analysts have also issued reports on BMW. equinet set a €100.00 ($123.46) target price on Bayerische Motoren Werke and gave the company a “buy” rating in a research report on Tuesday. Sanford C. Bernstein set a €85.00 ($104.94) target price on Bayerische Motoren Werke and gave the company a “neutral” rating in a research report on Friday, February 9th. Kepler Capital Markets set a €78.00 ($96.30) target price on Bayerische Motoren Werke and gave the company a “sell” rating in a research report on Monday. Morgan Stanley restated a “sell” rating and set a target price on shares of Bayerische Motoren Werke in a research report on Monday. Finally, Citigroup set a €74.00 ($91.36) target price on Bayerische Motoren Werke and gave the company a “sell” rating in a research report on Monday, January 15th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Bayerische Motoren Werke has a consensus rating of “Hold” and an average target price of €95.33 ($117.70).
Shares of Bayerische Motoren Werke (ETR BMW) traded up €1.28 ($1.58) during trading hours on Wednesday, hitting €88.00 ($108.64). The company’s stock had a trading volume of 2,251,322 shares, compared to its average volume of 2,070,000. Bayerische Motoren Werke has a fifty-two week low of €77.07 ($95.15) and a fifty-two week high of €97.04 ($119.80). The stock has a market capitalization of $56,260.00 and a price-to-earnings ratio of 7.63.
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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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