Deutsche Bank set a €85.00 ($98.84) price target on Bayerische Motoren Werke (ETR:BMW) in a research report released on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other analysts also recently commented on the company. Independent Research set a €76.00 ($88.37) price objective on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Tuesday, April 9th. UBS Group set a €74.00 ($86.05) price objective on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Monday, April 8th. Kepler Capital Markets set a €63.00 ($73.26) price objective on Bayerische Motoren Werke and gave the stock a sell rating in a research report on Monday, April 8th. Warburg Research set a €92.00 ($106.98) target price on Bayerische Motoren Werke and gave the stock a buy rating in a report on Monday, April 8th. Finally, JPMorgan Chase & Co. set a €60.00 ($69.77) target price on Bayerische Motoren Werke and gave the stock a sell rating in a report on Monday, April 8th. Five investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of Hold and an average target price of €79.52 ($92.47).
Shares of BMW stock opened at €75.65 ($87.97) on Friday. The company has a quick ratio of 0.85, a current ratio of 1.18 and a debt-to-equity ratio of 175.46. Bayerische Motoren Werke has a 12 month low of €67.73 ($78.76) and a 12 month high of €93.87 ($109.15). The company has a market capitalization of $49.75 billion and a price-to-earnings ratio of 6.99.
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.
Further Reading: What is Compound Annual Growth Rate (CAGR)?
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.