Sanford C. Bernstein set a €85.00 ($98.84) price objective on Bayerische Motoren Werke (ETR:BMW) in a research report report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other brokerages have also issued reports on BMW. Nord/LB set a €73.00 ($84.88) target price on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Tuesday. Deutsche Bank set a €115.00 ($133.72) target price on Bayerische Motoren Werke and gave the stock a buy rating in a research report on Tuesday, January 22nd. UBS Group set a €76.00 ($88.37) target price on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Friday, March 15th. Berenberg Bank set a €71.00 ($82.56) target price on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Monday, February 18th. Finally, Kepler Capital Markets set a €67.00 ($77.91) target price on Bayerische Motoren Werke and gave the stock a sell rating in a research report on Thursday, March 21st. Five analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of €79.65 ($92.62).
Shares of ETR:BMW opened at €69.30 ($80.58) on Tuesday. The firm has a market cap of $45.57 billion and a P/E ratio of 6.40. The company has a debt-to-equity ratio of 175.46, a current ratio of 1.18 and a quick ratio of 0.85. Bayerische Motoren Werke has a 12-month low of €67.73 ($78.76) and a 12-month high of €93.87 ($109.15).
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: Swap
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.