Sanford C. Bernstein set a €75.00 ($87.21) target price on Bayerische Motoren Werke (ETR:BMW) in a research note published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. restated a buy rating on shares of SS&C Technologies in a research report on Monday, July 1st. Credit Suisse Group set a €92.00 ($106.98) price objective on Bayerische Motoren Werke and gave the company a buy rating in a research report on Wednesday, May 8th. Bank of America set a €155.00 ($180.23) price objective on Continental and gave the company a buy rating in a research report on Tuesday, May 14th. Warburg Research set a €60.00 ($69.77) price objective on Compugroup Medical and gave the company a neutral rating in a research report on Tuesday, May 7th. Finally, Independent Research set a €96.00 ($111.63) price objective on MorphoSys and gave the company a neutral rating in a research report on Wednesday, June 26th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of €77.30 ($89.89).
Shares of Bayerische Motoren Werke stock opened at €65.89 ($76.62) on Wednesday. The stock has a market capitalization of $39.67 billion and a price-to-earnings ratio of 6.09. The firm’s 50-day moving average price is €64.00. The company has a current ratio of 1.15, a quick ratio of 0.81 and a debt-to-equity ratio of 191.23. Bayerische Motoren Werke has a twelve month low of €61.14 ($71.09) and a twelve month high of €86.74 ($100.86).
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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