Sanford C. Bernstein Reiterates “€85.00” Price Target for Bayerische Motoren Werke AG (BMW)

Bayerische Motoren Werke AG (ETR:BMW) has been assigned a €85.00 ($100.00) price target by analysts at Sanford C. Bernstein in a research note issued to investors on Monday. The brokerage currently has a “neutral” rating on the stock.

Several other brokerages have also recently issued reports on BMW. UBS AG set a €79.00 ($92.94) price objective on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Monday, July 10th. Macquarie set a €105.00 ($123.53) price objective on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Wednesday, July 5th. equinet AG set a €98.00 ($115.29) price objective on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Tuesday, July 4th. Berenberg Bank set a €83.00 ($97.65) price objective on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Tuesday, July 4th. Finally, Jefferies Group LLC set a €95.00 ($111.76) price objective on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Monday, July 3rd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of €92.04 ($108.29).

Bayerische Motoren Werke AG (BMW) opened at 89.271 on Monday. The stock has a 50 day moving average price of €82.68 and a 200-day moving average price of €83.52. The stock has a market capitalization of €58.66 billion and a P/E ratio of 7.692. Bayerische Motoren Werke AG has a one year low of €73.00 and a one year high of €91.67.

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About Bayerische Motoren Werke AG

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells cars 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 cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brand names; and spare parts and accessories, as well as provides mobility services.

Analyst Recommendations for Bayerische Motoren Werke AG (ETR:BMW)

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