Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) PT Set at €110.00 by Berenberg Bank

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMWGet Rating) received a €110.00 ($118.28) target price from equities research analysts at Berenberg Bank in a research note issued to investors on Tuesday, Borsen Zeitung reports. Berenberg Bank’s price objective would indicate a potential upside of 35.00% from the company’s current price.

Several other equities research analysts also recently weighed in on BMW. Credit Suisse Group set a €112.00 ($120.43) price target on Bayerische Motoren Werke Aktiengesellschaft in a report on Monday, May 9th. Sanford C. Bernstein set a €100.00 ($107.53) target price on Bayerische Motoren Werke Aktiengesellschaft in a report on Monday. Jefferies Financial Group set a €100.00 ($107.53) target price on Bayerische Motoren Werke Aktiengesellschaft in a report on Monday, May 9th. The Goldman Sachs Group set a €98.00 ($105.38) target price on Bayerische Motoren Werke Aktiengesellschaft in a report on Thursday, May 5th. Finally, Royal Bank of Canada set a €107.00 ($115.05) target price on Bayerische Motoren Werke Aktiengesellschaft in a report on Tuesday, May 10th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of €103.13 ($110.89).

ETR BMW traded up €0.71 ($0.76) during trading on Tuesday, hitting €81.48 ($87.61). The company’s stock had a trading volume of 856,108 shares, compared to its average volume of 2,050,000. The company has a debt-to-equity ratio of 115.91, a current ratio of 1.17 and a quick ratio of 0.75. The company has a market cap of $49.05 billion and a PE ratio of 2.73. The business’s 50 day simple moving average is €78.14 and its 200-day simple moving average is €85.46. Bayerische Motoren Werke Aktiengesellschaft has a fifty-two week low of €67.58 ($72.67) and a fifty-two week high of €100.42 ($107.98).

About Bayerische Motoren Werke Aktiengesellschaft (Get Rating)

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.

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

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