Nord/LB Analysts Give Bayerische Motoren Werke AG (BMW) a €90.00 Price Target

Bayerische Motoren Werke AG (ETR:BMW) received a €90.00 ($98.90) price objective from Nord/LB in a research note issued to investors on Friday. The firm currently has a a “buy” rating on the stock.

Several other equities analysts also recently weighed in on BMW. Societe Generale set a €80.00 ($87.91) price target on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a research report on Friday, July 8th. JPMorgan Chase & Co. set a €80.00 ($87.91) price objective on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Monday, July 11th. BNP Paribas set a €67.00 ($73.63) price objective on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Monday, July 11th. Bank of America Corp. set a €76.00 ($83.52) price objective on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Monday, July 11th. Finally, HSBC set a €69.00 ($75.82) price objective on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Tuesday, July 12th. 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 company. The company has an average rating of “Hold” and a consensus target price of €85.19 ($93.61).

Analyst Recommendations for Bayerische Motoren Werke AG (ETR:BMW)

Shares of Bayerische Motoren Werke AG (ETR:BMW) traded down 0.149% during midday trading on Friday, reaching €75.305. The company’s stock had a trading volume of 18,905 shares. The firm’s 50 day moving average is €76.64 and its 200 day moving average is €75.53. Bayerische Motoren Werke AG has a 52 week low of €63.42 and a 52 week high of €104.84. The firm has a market capitalization of €49.46 billion and a price-to-earnings ratio of 7.396.

Bayerische Motoren Werke AG Company Profile

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.

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