Goldman Sachs Group Analysts Give Bayerische Motoren Werke (ETR:BMW) a €65.00 Price Target

Goldman Sachs Group set a €65.00 ($75.58) target price on Bayerische Motoren Werke (ETR:BMW) in a research report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities analysts have also weighed in on BMW. Credit Suisse Group set a €90.00 ($104.65) price objective on shares of Bayerische Motoren Werke and gave the company a buy rating in a report on Monday, September 9th. Deutsche Bank set a €80.00 ($93.02) target price on shares of Bayerische Motoren Werke and gave the stock a buy rating in a research report on Friday, August 2nd. Warburg Research set a €92.00 ($106.98) target price on shares of Bayerische Motoren Werke and gave the stock a buy rating in a research report on Thursday, August 1st. HSBC set a €68.00 ($79.07) target price on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Friday, August 23rd. Finally, Jefferies Financial Group set a €75.00 ($87.21) target price on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Tuesday, July 2nd. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €75.58 ($87.89).

Shares of ETR BMW opened at €65.15 ($75.76) on Wednesday. The firm’s 50-day moving average price is €62.42 and its 200-day moving average price is €67.52. Bayerische Motoren Werke has a 1-year low of €58.04 ($67.49) and a 1-year high of €86.74 ($100.86). The firm has a market capitalization of $39.22 billion and a P/E ratio of 8.90. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 195.12.

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.

Read More: What is insider trading?

Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

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.