Bayerische Motoren Werke (ETR:BMW) received a €53.00 ($61.63) price target from stock analysts at UBS Group in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 13.37% from the stock’s previous close.
Several other analysts have also commented on the company. Nord/LB set a €40.00 ($46.51) price objective on Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Wednesday, March 18th. Deutsche Bank set a €65.00 ($75.58) target price on Bayerische Motoren Werke and gave the stock a “buy” rating in a research note on Friday, March 20th. Sanford C. Bernstein set a €65.00 ($75.58) target price on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Tuesday, January 28th. Independent Research set a €75.00 ($87.21) target price on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Tuesday, January 14th. Finally, Goldman Sachs Group set a €61.00 ($70.93) target price on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Thursday, March 19th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of €67.45 ($78.43).
Shares of BMW opened at €46.75 ($54.36) on Tuesday. Bayerische Motoren Werke has a 12 month low of €36.60 ($42.55) and a 12 month high of €78.30 ($91.05). The stock has a fifty day moving average price of €56.78 and a 200-day moving average price of €66.54. The company has a current ratio of 1.10, a quick ratio of 0.76 and a debt-to-equity ratio of 200.29. The firm has a market cap of $28.14 billion and a PE ratio of 4.32.
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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