Bayerische Motoren Werke (ETR:BMW) has been assigned a €75.00 ($87.21) price target by research analysts at Jefferies Financial Group in a research note issued on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s target price indicates a potential upside of 5.03% from the company’s current price.
A number of other research analysts have also recently issued reports on BMW. JPMorgan Chase & Co. set a €80.00 ($93.02) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Monday, January 6th. Morgan Stanley set a €80.00 ($93.02) price target on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Monday, December 16th. UBS Group set a €62.00 ($72.09) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Thursday, November 21st. Deutsche Bank set a €90.00 ($104.65) price target on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Friday, November 22nd. Finally, Independent Research set a €75.00 ($87.21) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. Bayerische Motoren Werke currently has a consensus rating of “Hold” and an average price target of €74.80 ($86.98).
Shares of ETR BMW traded down €0.23 ($0.27) during midday trading on Tuesday, reaching €71.41 ($83.03). The company had a trading volume of 888,947 shares, compared to its average volume of 2,050,000. The business’s 50-day simple moving average is €73.59 and its 200 day simple moving average is €68.14. The stock has a market cap of $43.13 billion and a P/E ratio of 6.60. Bayerische Motoren Werke has a 1 year low of €58.04 ($67.49) and a 1 year high of €78.30 ($91.05). The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 200.29.
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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