Bayerische Motoren Werke AG (BMW) Receives €90.65 Consensus Price Target from Brokerages

Shares of Bayerische Motoren Werke AG (ETR:BMW) have earned an average recommendation of “Hold” from the twenty-five research firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is €91.72 ($101.91).

BMW has been the subject of a number of analyst reports. equinet AG set a €96.00 ($106.67) price target on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Friday, March 10th. Deutsche Bank AG set a €120.00 ($133.33) target price on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a research note on Friday, April 7th. Barclays PLC set a €110.00 ($122.22) target price on Bayerische Motoren Werke AG and gave the stock a “buy” rating in a research note on Thursday, April 20th. Macquarie set a €105.00 ($116.67) price target on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Friday, May 5th. Finally, Berenberg Bank set a €83.00 ($92.22) price target on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Monday, February 27th.

Bayerische Motoren Werke AG (ETR:BMW) traded down 0.42% during midday trading on Friday, reaching €83.70. 1,525 shares of the company traded hands. The company has a market cap of €55.00 billion and a price-to-earnings ratio of 7.46. Bayerische Motoren Werke AG has a 12-month low of €63.42 and a 12-month high of €91.67. The company has a 50-day moving average price of €86.12 and a 200-day moving average price of €86.05.

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Bayerische Motoren Werke AG Company Profile

Bayerische Motoren Werke AG is a Germany-based automobile and motorcycle manufacturer. It divides its activities into four segments: Automobiles, Motorcycles, Financial Services and Other Entities. The Automotive segment develops, manufactures, assembles and sells cars and off-road vehicles under the brands BMW, MINI and Rolls-Royce as well as spare parts and accessories.

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