Bayerische Motoren Werke (ETR:BMW) received a €85.00 ($101.19) price target from UBS Group in a note issued to investors on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price target indicates a potential downside of 10.92% from the stock’s previous close.
A number of other equities analysts also recently commented on BMW. Morgan Stanley set a €81.00 ($96.43) target price on shares of Bayerische Motoren Werke and gave the stock a “sell” rating in a report on Wednesday, January 17th. Kepler Capital Markets set a €77.00 ($91.67) target price on shares of Bayerische Motoren Werke and gave the stock a “sell” rating in a report on Tuesday. Deutsche Bank reiterated a “buy” rating on shares of Bayerische Motoren Werke in a report on Tuesday. Sanford C. Bernstein set a €85.00 ($101.19) target price on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Wednesday, September 27th. Finally, Citigroup set a €74.00 ($88.10) target price on shares of Bayerische Motoren Werke and gave the stock a “sell” rating in a report on Monday, January 15th. Five analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €94.83 ($112.90).
Shares of Bayerische Motoren Werke (ETR BMW) traded down €0.84 ($1.00) during trading on Tuesday, reaching €95.42 ($113.60). 1,140,679 shares of the company’s stock were exchanged, compared to its average volume of 1,650,000. The company has a market capitalization of $62,420.00 and a P/E ratio of 8.28. Bayerische Motoren Werke has a fifty-two week low of €77.07 ($91.75) and a fifty-two week high of €97.50 ($116.07).
Bayerische Motoren Werke Company Profile
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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