Bayerische Motoren Werke (BMW) Given a €70.00 Price Target at Commerzbank

Bayerische Motoren Werke (ETR:BMW) has been assigned a €70.00 ($81.40) target price by stock analysts at Commerzbank in a research note issued on Thursday. The firm currently has a “sell” rating on the stock. Commerzbank’s target price indicates a potential downside of 2.38% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the stock. Independent Research set a €85.00 ($98.84) target price on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a research note on Monday, September 17th. BNP Paribas set a €95.00 ($110.47) price target on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a research note on Tuesday, October 16th. Nord/LB set a €86.00 ($100.00) price target on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a research note on Wednesday, September 26th. JPMorgan Chase & Co. set a €80.00 ($93.02) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Tuesday, September 25th. Finally, Sanford C. Bernstein set a €85.00 ($98.84) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Tuesday, October 16th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the stock. Bayerische Motoren Werke presently has an average rating of “Hold” and a consensus price target of €86.36 ($100.42).

ETR BMW opened at €71.71 ($83.38) on Thursday. Bayerische Motoren Werke has a twelve month low of €77.07 ($89.62) and a twelve month high of €97.04 ($112.84).

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.

Featured Story: Dollar Cost Averaging

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