HSBC Reiterates “€70.00” Price Target for Bayerische Motoren Werke AG (BMW)

HSBC set a €70.00 ($75.27) price objective on Bayerische Motoren Werke AG (ETR:BMW) in a research report released on Monday. The brokerage currently has a sell rating on the stock.

A number of other analysts have also weighed in on BMW. Commerzbank AG set a €90.00 ($96.77) target price on Bayerische Motoren Werke AG and gave the stock a neutral rating in a report on Tuesday, July 26th. equinet AG set a €96.00 ($103.23) target price on Bayerische Motoren Werke AG and gave the stock a buy rating in a report on Friday, July 29th. BNP Paribas set a €67.00 ($72.04) target price on Bayerische Motoren Werke AG and gave the stock a neutral rating in a report on Friday, July 29th. Independent Research GmbH set a €78.00 ($83.87) target price on Bayerische Motoren Werke AG and gave the stock a neutral rating in a report on Friday, July 29th. Finally, Kepler Capital Markets set a €73.00 ($78.49) price objective on Bayerische Motoren Werke AG and gave the company a neutral rating in a report on Tuesday, August 2nd. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the stock. Bayerische Motoren Werke AG currently has a consensus rating of Hold and an average target price of €85.02 ($91.42).

Shares of Bayerische Motoren Werke AG (ETR:BMW) opened at 82.197 on Monday. Bayerische Motoren Werke AG has a one year low of €63.42 and a one year high of €104.84. The company’s 50-day moving average price is €78.68 and its 200-day moving average price is €75.37. The stock has a market cap of €53.99 billion and a PE ratio of 7.801.

COPYRIGHT VIOLATION NOTICE: “HSBC Reiterates “€70.00” Price Target for Bayerische Motoren Werke AG (BMW)” was first reported by Mideast Time and is owned by of Mideast Time. If you are accessing this piece on another domain, it was copied illegally and republished in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at http://www.mideasttime.com/hsbc-reiterates-70-00-price-target-for-bayerische-motoren-werke-ag-bmw/1419665.html. <p

About Bayerische Motoren Werke AG

Bayerische Motoren Werke AG is a German holding company and automobile manufacturer that focuses on the automobile and motorcycle markets. It divides its activities into the three main segments: Automobiles, Motorcycles and Financial Services. It owns three brands: BMW, MINI and Rolls-Royce. Its BMW automobile range encompasses the 1 Series, including three-door, five-door, coupe and convertible models; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, available in sedan and touring models; the 6 Series, available as a coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models, such as M3, M5 and M6.

Receive News & Ratings for Bayerische Motoren Werke AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bayerische Motoren Werke AG and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2016 Mideast Time.