Barclays PLC Reiterates “€118.00” Price Target for Bayerische Motoren Werke AG (BMW)

Barclays PLC set a €118.00 ($135.63) price objective on Bayerische Motoren Werke AG (ETR:BMW) in a research note published on Thursday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts have also recently commented on the company. Deutsche Bank AG set a €120.00 ($137.93) price target on Bayerische Motoren Werke AG and gave the company a buy rating in a research note on Thursday, May 11th. HSBC Holdings plc set a €85.00 ($97.70) price target on Bayerische Motoren Werke AG and gave the company a neutral rating in a research note on Monday, June 12th. Independent Research GmbH set a €88.00 ($101.15) price target on Bayerische Motoren Werke AG and gave the company a neutral rating in a research note on Friday, April 21st. Sanford C. Bernstein set a €85.00 ($97.70) price target on Bayerische Motoren Werke AG and gave the company a neutral rating in a research note on Thursday, April 6th. Finally, Morgan Stanley set a €81.00 ($93.10) price target on Bayerische Motoren Werke AG and gave the company a neutral rating in a research note on Monday, May 29th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the company. Bayerische Motoren Werke AG has an average rating of Hold and an average target price of €92.46 ($106.27).

Bayerische Motoren Werke AG (ETR:BMW) opened at 83.749 on Thursday. The stock has a market capitalization of €55.03 billion and a price-to-earnings ratio of 7.464. Bayerische Motoren Werke AG has a one year low of €63.42 and a one year high of €91.67. The stock’s 50 day moving average is €85.10 and its 200 day moving average is €85.99.

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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.

Analyst Recommendations for Bayerische Motoren Werke AG (ETR:BMW)

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