Warburg Research set a €92.00 ($106.98) target price on Bayerische Motoren Werke (ETR:BMW) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts also recently issued research reports about the company. Deutsche Bank set a €110.00 ($127.91) target price on Bayerische Motoren Werke and gave the stock a buy rating in a research note on Monday, February 18th. Credit Suisse Group set a €96.00 ($111.63) price objective on Bayerische Motoren Werke and gave the company a buy rating in a research note on Tuesday, February 5th. Finally, Barclays set a €101.00 ($117.44) price objective on Bayerische Motoren Werke and gave the company a buy rating in a research note on Tuesday, January 15th. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of €79.65 ($92.62).
Shares of ETR BMW opened at €68.87 ($80.08) on Tuesday. Bayerische Motoren Werke has a twelve month low of €67.73 ($78.76) and a twelve month high of €93.87 ($109.15). The company has a market capitalization of $45.29 billion and a PE ratio of 6.36. The company has a current ratio of 1.18, a quick ratio of 0.85 and a debt-to-equity ratio of 175.46.
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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