Independent Research Analysts Give Bayerische Motoren Werke (BMW) a €83.00 Price Target
Bayerische Motoren Werke (ETR:BMW) has been assigned a €83.00 ($96.51) price target by Independent Research in a report issued on Wednesday. The brokerage currently has a “neutral” rating on the stock. Independent Research’s target price suggests a potential upside of 6.74% from the company’s current price.
BMW has been the topic of a number of other research reports. Credit Suisse Group set a €129.00 ($150.00) target price on Bayerische Motoren Werke and gave the company a “buy” rating in a report on Friday, June 15th. Morgan Stanley set a €90.00 ($104.65) price objective on Bayerische Motoren Werke and gave the stock a “sell” rating in a research note on Tuesday, June 26th. Deutsche Bank set a €120.00 ($139.53) price objective on Bayerische Motoren Werke and gave the stock a “buy” rating in a research note on Wednesday, July 11th. Jefferies Financial Group set a €100.00 ($116.28) price objective on Bayerische Motoren Werke and gave the stock a “buy” rating in a research note on Thursday, July 5th. Finally, Sanford C. Bernstein set a €85.00 ($98.84) price objective on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Friday, July 6th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of €91.86 ($106.82).
Shares of Bayerische Motoren Werke stock opened at €77.76 ($90.42) on Wednesday. Bayerische Motoren Werke has a twelve month low of €77.07 ($89.62) and a twelve month high of €97.04 ($112.84).
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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