Bayerische Motoren Werke (ETR:BMW) PT Set at €80.00 by Deutsche Bank

Deutsche Bank set a €80.00 ($93.02) price objective on Bayerische Motoren Werke (ETR:BMW) in a report issued on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other equities analysts have also recently commented on the company. HSBC reiterated a hold rating and set a $155.00 price target on shares of Continental in a report on Friday, May 3rd. Barclays reiterated a sell rating and set a $17.00 price target on shares of Infineon Technologies in a report on Wednesday, May 8th. Oddo Bhf set a GBX 1,170 ($15.29) price target on easyJet and gave the stock a neutral rating in a report on Monday, May 20th. Warburg Research set a €60.00 ($69.77) price target on Compugroup Medical and gave the stock a neutral rating in a report on Tuesday, May 7th. Finally, Sanford C. Bernstein set a €220.00 ($255.81) price objective on Volkswagen and gave the stock a buy rating in a report on Friday, June 21st. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of €77.30 ($89.89).

Bayerische Motoren Werke stock traded down €0.41 ($0.48) during midday trading on Monday, reaching €65.24 ($75.86). 1,354,084 shares of the company’s stock were exchanged, compared to its average volume of 2,050,000. Bayerische Motoren Werke has a 52 week low of €61.14 ($71.09) and a 52 week high of €86.74 ($100.86). The company has a current ratio of 1.15, a quick ratio of 0.81 and a debt-to-equity ratio of 191.23. The company has a market cap of $39.27 billion and a price-to-earnings ratio of 6.03. The firm has a 50-day moving average price of €63.93.

About Bayerische Motoren Werke

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles 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 automobiles and off-road vehicles under the BMW, MINI, and Rolls-Royce brands; and spare parts and accessories, as well as offers mobility services.

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