Royal Bank of Canada set a €66.00 ($76.74) price objective on Bayerische Motoren Werke (ETR:BMW) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities research analysts also recently issued reports on the company. Morgan Stanley set a €80.00 ($93.02) price target on Bayerische Motoren Werke and gave the company a buy rating in a research note on Monday, December 16th. Deutsche Bank set a €90.00 ($104.65) price target on Bayerische Motoren Werke and gave the company a buy rating in a research note on Friday, March 13th. UBS Group set a €68.00 ($79.07) price target on Bayerische Motoren Werke and gave the company a neutral rating in a research note on Friday, March 13th. Goldman Sachs Group set a €73.00 ($84.88) price target on Bayerische Motoren Werke and gave the company a neutral rating in a research note on Friday, March 13th. Finally, Nord/LB set a €47.00 ($54.65) price target on Bayerische Motoren Werke and gave the company a neutral rating in a research note on Thursday, March 12th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company. Bayerische Motoren Werke has a consensus rating of Hold and an average price target of €71.05 ($82.62).
Bayerische Motoren Werke stock opened at €41.37 ($48.10) on Wednesday. The business has a 50-day simple moving average of €59.05 and a two-hundred day simple moving average of €67.00. The company has a market cap of $24.90 billion and a P/E ratio of 3.82. Bayerische Motoren Werke has a 52-week low of €51.02 ($59.33) and a 52-week high of €78.30 ($91.05). The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 200.29.
Bayerische Motoren Werke Company Profile
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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