Bayerische Motoren Werke AG (ETR:BMW) has been assigned a €82.00 ($87.23) price target by equities research analysts at Goldman Sachs Group Inc in a report released on Friday. The firm currently has a “neutral” rating on the stock.
Several other brokerages have also recently issued reports on BMW. Barclays PLC set a €103.00 ($109.57) price target on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Monday, February 27th. Commerzbank Ag set a €90.00 ($95.74) price target on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Wednesday, February 8th. Berenberg Bank set a €83.00 ($88.30) price target on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Tuesday, February 7th. Macquarie set a €105.00 ($111.70) price target on Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Tuesday, January 31st. Finally, HSBC Holdings plc set a €75.00 ($79.79) price target on Bayerische Motoren Werke AG and gave the company a “sell” rating in a research note on Tuesday, January 31st. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the stock. Bayerische Motoren Werke AG has an average rating of “Hold” and an average target price of €89.92 ($95.66).
Shares of Bayerische Motoren Werke AG (ETR:BMW) opened at 84.727 on Friday. The firm has a 50 day moving average price of €84.10 and a 200-day moving average price of €83.86. The company has a market cap of €55.67 billion and a P/E ratio of 8.109. Bayerische Motoren Werke AG has a 12 month low of €63.42 and a 12 month high of €91.67.
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About Bayerische Motoren Werke AG
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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