Kepler Capital Markets Reiterates €71.00 Price Target for Bayerische Motoren Werke (BMW)

Bayerische Motoren Werke (ETR:BMW) has been given a €71.00 ($82.56) price objective by equities research analysts at Kepler Capital Markets in a research report issued to clients and investors on Wednesday. The brokerage presently has a “sell” rating on the stock. Kepler Capital Markets’ target price would indicate a potential downside of 5.89% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Credit Suisse Group set a €126.00 ($146.51) target price on Bayerische Motoren Werke and gave the company a “buy” rating in a report on Friday, July 13th. JPMorgan Chase & Co. set a €80.00 ($93.02) target price on Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Monday. Sanford C. Bernstein set a €85.00 ($98.84) target price on Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Tuesday, September 25th. Barclays set a €112.00 ($130.23) target price on Bayerische Motoren Werke and gave the company a “buy” rating in a report on Tuesday, September 25th. Finally, Independent Research set a €83.00 ($96.51) target price on Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Wednesday, September 26th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of €89.95 ($104.60).

Shares of BMW stock opened at €75.44 ($87.72) on Wednesday. Bayerische Motoren Werke has a fifty-two week low of €77.07 ($89.62) and a fifty-two week high of €97.04 ($112.84).

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.

Read More: How to Track your Portfolio in Google Finance

Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

Receive News & Ratings for Bayerische Motoren Werke Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bayerische Motoren Werke and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply