Goldman Sachs Group set a €73.00 ($84.88) target price on Bayerische Motoren Werke (ETR:BMW) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities analysts have also recently issued reports on the company. Warburg Research set a €83.00 ($96.51) target price on Bayerische Motoren Werke and gave the stock a buy rating in a report on Friday, November 22nd. UBS Group set a €68.00 ($79.07) target price on Bayerische Motoren Werke and gave the stock a neutral rating in a report on Tuesday, January 28th. Bankhaus Lampe set a €65.00 ($75.58) target price on Bayerische Motoren Werke and gave the stock a sell rating in a report on Wednesday, November 6th. Sanford C. Bernstein set a €65.00 ($75.58) target price on Bayerische Motoren Werke and gave the stock a neutral rating in a report on Tuesday, January 28th. Finally, Barclays set a €92.00 ($106.98) target price on Bayerische Motoren Werke and gave the stock a buy rating in a report on Thursday, January 23rd. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the stock. Bayerische Motoren Werke presently has an average rating of Hold and an average target price of €75.15 ($87.38).
Shares of BMW opened at €65.86 ($76.58) on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 200.29. Bayerische Motoren Werke has a 1 year low of €58.04 ($67.49) and a 1 year high of €78.30 ($91.05). The stock has a market cap of $39.65 billion and a P/E ratio of 6.09. The stock’s 50-day moving average price is €70.01 and its two-hundred day moving average price is €68.19.
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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