Bayerische Motoren Werke (ETR:BMW) PT Set at €60.00 by JPMorgan Chase & Co.

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JPMorgan Chase & Co. set a €60.00 ($69.77) price objective on Bayerische Motoren Werke (ETR:BMW) in a report published on Thursday, September 26th, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

BMW has been the topic of several other research reports. Jefferies Financial Group set a €75.00 ($87.21) price objective on shares of Bayerische Motoren Werke and gave the company a neutral rating in a research report on Tuesday, July 2nd. Morgan Stanley set a €75.00 ($87.21) price objective on shares of Bayerische Motoren Werke and gave the company a buy rating in a research report on Friday, September 13th. UBS Group set a €74.00 ($86.05) price objective on shares of Bayerische Motoren Werke and gave the company a neutral rating in a research report on Thursday, July 4th. Deutsche Bank set a €80.00 ($93.02) price objective on shares of Bayerische Motoren Werke and gave the company a buy rating in a research report on Friday, August 2nd. Finally, Kepler Capital Markets set a €63.00 ($73.26) price objective on shares of Bayerische Motoren Werke and gave the company a sell rating in a research report on Wednesday, September 11th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. Bayerische Motoren Werke has a consensus rating of Hold and an average price target of €75.08 ($87.31).

BMW traded up €1.55 ($1.80) during midday trading on Thursday, hitting €64.78 ($75.33). 1,873,353 shares of the company’s stock traded hands, compared to its average volume of 2,050,000. The company has a market cap of $39.00 billion and a PE ratio of 8.85. The stock’s fifty day simple moving average is €62.41 and its 200-day simple moving average is €66.43. The company has a debt-to-equity ratio of 195.12, a current ratio of 1.15 and a quick ratio of 0.80. Bayerische Motoren Werke has a one year low of €58.04 ($67.49) and a one year high of €79.38 ($92.30).

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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Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

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