Bayerische Motoren Werke (BMW) PT Set at €69.00 by JPMorgan Chase & Co.

Bayerische Motoren Werke (ETR:BMW) has been given a €69.00 ($80.23) target price by equities research analysts at JPMorgan Chase & Co. in a report issued on Tuesday. The firm presently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential downside of 6.97% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on BMW. Independent Research set a €79.00 ($91.86) target price on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a research report on Monday. Warburg Research set a €97.00 ($112.79) target price on shares of Bayerische Motoren Werke and gave the company a “buy” rating in a research report on Friday. Berenberg Bank set a €71.00 ($82.56) target price on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a research report on Monday, February 18th. Sanford C. Bernstein set a €85.00 ($98.84) target price on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a research report on Wednesday, February 27th. Finally, UBS Group set a €76.00 ($88.37) target price on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a research report on Friday. Five analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of €82.73 ($96.19).

Shares of Bayerische Motoren Werke stock opened at €74.17 ($86.24) on Tuesday. The stock has a market capitalization of $48.77 billion and a PE ratio of 6.05. Bayerische Motoren Werke has a 52-week low of €68.11 ($79.20) and a 52-week high of €93.87 ($109.15). The company has a debt-to-equity ratio of 172.45, a current ratio of 1.18 and a quick ratio of 0.83.

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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Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

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