JPMorgan Chase & Co. set a €70.00 ($81.40) price objective on Bayerische Motoren Werke (ETR:BMW) in a research note released on Monday. The firm currently has a sell rating on the stock.
BMW has been the topic of a number of other research reports. Nord/LB set a €80.00 ($93.02) price target on Bayerische Motoren Werke and gave the company a neutral rating in a report on Tuesday, November 13th. Kepler Capital Markets set a €67.00 ($77.91) price target on Bayerische Motoren Werke and gave the company a sell rating in a report on Friday, January 11th. Credit Suisse Group set a €101.00 ($117.44) price target on Bayerische Motoren Werke and gave the company a buy rating in a report on Tuesday, November 20th. HSBC set a €74.00 ($86.05) price target on Bayerische Motoren Werke and gave the company a neutral rating in a report on Friday, November 30th. Finally, Independent Research set a €81.00 ($94.19) price target on Bayerische Motoren Werke and gave the company a neutral rating in a report on Wednesday, November 7th. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of €84.14 ($97.83).
Shares of BMW stock opened at €70.39 ($81.85) on Monday. Bayerische Motoren Werke has a 1-year low of €77.07 ($89.62) and a 1-year high of €97.04 ($112.84).
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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