Bayerische Motoren Werke (ETR:BMW) Given a €90.00 Price Target at Sanford C. Bernstein

Bayerische Motoren Werke (ETR:BMW) has been given a €90.00 ($105.88) target price by Sanford C. Bernstein in a report issued on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Sanford C. Bernstein’s price target would suggest a potential upside of 39.08% from the company’s previous close.

Other research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. set a €80.00 ($94.12) price target on shares of Bayerische Motoren Werke and gave the company a “buy” rating in a research report on Monday, September 7th. Bank of America set a €59.00 ($69.41) target price on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Tuesday, June 16th. Royal Bank of Canada set a €55.00 ($64.71) target price on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Goldman Sachs Group set a €65.00 ($76.47) target price on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, UBS Group set a €60.00 ($70.59) target price on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Wednesday, September 9th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. Bayerische Motoren Werke has an average rating of “Hold” and an average price target of €66.21 ($77.89).

Shares of ETR BMW opened at €64.71 ($76.13) on Tuesday. Bayerische Motoren Werke has a 1 year low of €36.60 ($43.05) and a 1 year high of €77.06 ($90.66). The stock has a market cap of $38.96 billion and a P/E ratio of 13.23. The firm has a 50-day moving average of €58.91 and a 200 day moving average of €54.83. The company has a debt-to-equity ratio of 201.26, a current ratio of 1.15 and a quick ratio of 0.82.

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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Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

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