Bayerische Motoren Werke (ETR:BMW) Given a €80.00 Price Target at Deutsche Bank

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

Several other research analysts have also recently weighed in on BMW. Independent Research set a €70.00 ($81.40) price target on shares of Bayerische Motoren Werke and gave the company a neutral rating in a report on Wednesday, June 26th. Bank of America set a €76.00 ($88.37) price target on shares of Bayerische Motoren Werke and gave the company a neutral rating in a report on Tuesday, May 14th. Sanford C. Bernstein set a €75.00 ($87.21) price target on shares of Bayerische Motoren Werke and gave the company a neutral rating in a report on Thursday. Citigroup set a €70.00 ($81.40) price target on shares of Bayerische Motoren Werke and gave the company a sell rating in a report on Thursday, May 9th. Finally, Nord/LB set a €70.00 ($81.40) price target on shares of Bayerische Motoren Werke and gave the company a neutral rating in a report on Thursday. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. Bayerische Motoren Werke currently has a consensus rating of Hold and an average price target of €76.50 ($88.95).

ETR:BMW traded down €2.84 ($3.30) during mid-day trading on Friday, hitting €64.65 ($75.17). The stock had a trading volume of 3,893,077 shares, compared to its average volume of 2,050,000. Bayerische Motoren Werke has a twelve month low of €61.14 ($71.09) and a twelve month high of €86.74 ($100.86). The firm has a market cap of $38.92 billion and a PE ratio of 5.97. The stock has a 50 day simple moving average of €65.90. The company has a debt-to-equity ratio of 191.23, a quick ratio of 0.81 and a current ratio of 1.15.

Bayerische Motoren Werke Company Profile

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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Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

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