Bayerische Motoren Werke (ETR:BMW) has been assigned a €75.00 ($87.21) target price by analysts at Jefferies Financial Group in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 3.66% from the company’s current price.
Several other research firms have also recently commented on BMW. UBS Group set a €76.00 ($88.37) price target on Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Thursday, January 24th. Nord/LB set a €73.00 ($84.88) price target on Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Friday, March 22nd. Warburg Research set a €92.00 ($106.98) price target on Bayerische Motoren Werke and gave the company a “buy” rating in a report on Tuesday. Barclays set a €96.00 ($111.63) price target on Bayerische Motoren Werke and gave the company a “buy” rating in a report on Friday, March 29th. Finally, JPMorgan Chase & Co. set a €69.00 ($80.23) price target on Bayerische Motoren Werke and gave the company a “sell” rating in a report on Wednesday, March 13th. Five research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €79.57 ($92.52).
Bayerische Motoren Werke stock traded down €1.65 ($1.92) during midday trading on Tuesday, reaching €72.35 ($84.13). 996,674 shares of the company were exchanged, compared to its average volume of 2,050,000. The stock has a market cap of $47.82 billion and a PE ratio of 6.68. Bayerische Motoren Werke has a 1 year low of €67.73 ($78.76) and a 1 year high of €93.87 ($109.15). The company has a current ratio of 1.18, a quick ratio of 0.85 and a debt-to-equity ratio of 175.46.
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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