Bayerische Motoren Werke (ETR:BMW) received a €75.00 ($87.21) price objective from research analysts at Morgan Stanley in a report issued on Friday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 1.64% from the stock’s current price.
A number of other research analysts have also recently weighed in on the stock. Independent Research set a €80.00 ($93.02) price objective on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a research report on Wednesday, January 16th. JPMorgan Chase & Co. set a €69.00 ($80.23) target price on shares of Bayerische Motoren Werke and gave the company a “sell” rating in a research note on Wednesday, March 13th. Deutsche Bank set a €110.00 ($127.91) target price on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Monday, January 28th. Sanford C. Bernstein set a €85.00 ($98.84) price target on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Wednesday, January 30th. Finally, UBS Group set a €76.00 ($88.37) price target on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Thursday, January 24th. Five analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of €79.96 ($92.97).
Shares of BMW opened at €73.79 ($85.80) on Friday. The firm has a market capitalization of $48.52 billion and a P/E ratio of 6.82. Bayerische Motoren Werke has a 52-week low of €67.73 ($78.76) and a 52-week high of €93.87 ($109.15). The company has a quick ratio of 0.85, a current ratio of 1.18 and a debt-to-equity ratio of 175.46.
About Bayerische Motoren Werke
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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