Warburg Research Reiterates “€110.00” Price Target for Bayerische Motoren Werke (BMW)

Warburg Research set a €110.00 ($135.80) price target on Bayerische Motoren Werke (ETR:BMW) in a research note released on Friday morning. The firm currently has a buy rating on the stock.

Several other research firms also recently weighed in on BMW. Independent Research set a €95.00 ($117.28) price objective on Bayerische Motoren Werke and gave the company a neutral rating in a report on Friday, January 19th. Sanford C. Bernstein set a €85.00 ($104.94) price objective on Bayerische Motoren Werke and gave the company a neutral rating in a report on Monday, November 20th. Kepler Capital Markets set a €77.00 ($95.06) price objective on Bayerische Motoren Werke and gave the company a sell rating in a report on Tuesday, January 23rd. HSBC set a €82.00 ($101.23) price objective on Bayerische Motoren Werke and gave the company a neutral rating in a report on Thursday, December 14th. Finally, BNP Paribas set a €110.00 ($135.80) price objective on Bayerische Motoren Werke and gave the company a buy rating in a report on Friday, January 19th. Five research 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 company has a consensus rating of Hold and a consensus price target of €95.71 ($118.16).

Bayerische Motoren Werke (BMW) opened at €85.71 ($105.81) on Friday. Bayerische Motoren Werke has a 52 week low of €77.07 ($95.15) and a 52 week high of €97.04 ($119.80). The stock has a market capitalization of $55,600.00 and a price-to-earnings ratio of 7.43.

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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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