Bayerische Motoren Werke (BMW) Given a €85.00 Price Target at Sanford C. Bernstein
Sanford C. Bernstein set a €85.00 ($104.94) price target on Bayerische Motoren Werke (ETR:BMW) in a research report sent to investors on Wednesday. The brokerage currently has a neutral rating on the stock.
Other equities research analysts have also issued reports about the company. Warburg Research set a €110.00 ($135.80) target price on Bayerische Motoren Werke and gave the stock a buy rating in a research report on Monday, November 27th. Jefferies Group set a €100.00 ($123.46) target price on Bayerische Motoren Werke and gave the stock a buy rating in a research report on Wednesday, November 22nd. Deutsche Bank set a €120.00 ($148.15) target price on Bayerische Motoren Werke and gave the stock a buy rating in a research report on Wednesday, November 8th. Barclays set a €110.00 ($135.80) target price on Bayerische Motoren Werke and gave the stock a buy rating in a research report on Wednesday, November 8th. Finally, equinet set a €98.00 ($120.99) target price on Bayerische Motoren Werke and gave the stock a buy rating in a research report on Tuesday, November 7th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of €95.71 ($118.16).
Shares of Bayerische Motoren Werke (ETR:BMW) opened at €83.97 ($103.67) on Wednesday. The stock has a market capitalization of $54,350.00 and a price-to-earnings ratio of 7.28. Bayerische Motoren Werke has a 52-week low of €77.07 ($95.15) and a 52-week high of €97.04 ($119.80).
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Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells cars 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 cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brand names; and spare parts and accessories, as well as provides mobility services.
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