Bayerische Motoren Werke AG (BMW) Receives €92.04 Average Price Target from Analysts

Bayerische Motoren Werke AG (ETR:BMW) has been given a consensus rating of “Hold” by the twenty-three research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and twelve have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is €92.04 ($108.29).

A number of research firms have issued reports on BMW. Sanford C. Bernstein set a €85.00 ($100.00) target price on shares of Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Wednesday, September 27th. Morgan Stanley set a €81.00 ($95.29) target price on shares of Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Friday, August 11th. Barclays PLC set a €118.00 ($138.82) target price on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Thursday, July 13th. Berenberg Bank set a €83.00 ($97.65) target price on shares of Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Tuesday, July 4th. Finally, Warburg Research set a €107.00 ($125.88) target price on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Wednesday, August 2nd.

Shares of Bayerische Motoren Werke AG (ETR:BMW) traded down 0.38% during midday trading on Friday, hitting €88.64. 3,927 shares of the stock traded hands. Bayerische Motoren Werke AG has a one year low of €73.00 and a one year high of €91.67. The stock has a market cap of €58.25 billion and a price-to-earnings ratio of 7.64. The firm has a 50-day moving average price of €83.17 and a 200 day moving average price of €83.61.

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About Bayerische Motoren Werke AG

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 AG (ETR:BMW)

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