Independent Research set a €79.00 ($91.86) price objective on Bayerische Motoren Werke (ETR:BMW) in a research note released on Monday morning. The brokerage currently has a neutral rating on the stock.
A number of other research firms also recently issued reports on BMW. Societe Generale set a €82.00 ($95.35) price target on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Tuesday, December 4th. UBS Group set a €76.00 ($88.37) price objective on Bayerische Motoren Werke and gave the company a neutral rating in a research report on Tuesday, December 4th. Warburg Research set a €97.00 ($112.79) price objective on Bayerische Motoren Werke and gave the company a buy rating in a research report on Wednesday, March 6th. Barclays set a €108.00 ($125.58) price objective on Bayerische Motoren Werke and gave the company a buy rating in a research report on Wednesday, December 5th. Finally, Deutsche Bank set a €110.00 ($127.91) price objective on Bayerische Motoren Werke and gave the company a buy rating in a research report on Monday, January 28th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €82.73 ($96.19).
BMW opened at €75.07 ($87.29) on Monday. Bayerische Motoren Werke has a 12-month low of €68.11 ($79.20) and a 12-month high of €93.87 ($109.15). The company has a debt-to-equity ratio of 172.45, a quick ratio of 0.83 and a current ratio of 1.18. The firm has a market cap of $48.77 billion and a PE ratio of 6.13.
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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