Berenberg Bank Reiterates “€110.00” Price Target for Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW)

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMWGet Rating) has been given a €110.00 ($113.40) price target by analysts at Berenberg Bank in a note issued to investors on Thursday, Borsen Zeitung reports. Berenberg Bank’s price target suggests a potential upside of 43.58% from the company’s current price.

BMW has been the subject of a number of other research reports. Credit Suisse Group set a €96.00 ($98.97) target price on Bayerische Motoren Werke Aktiengesellschaft in a research report on Thursday, July 21st. Jefferies Financial Group set a €95.00 ($97.94) target price on Bayerische Motoren Werke Aktiengesellschaft in a report on Wednesday. Barclays set a €100.00 ($103.09) price target on Bayerische Motoren Werke Aktiengesellschaft in a report on Friday, July 22nd. UBS Group set a €81.00 ($83.51) price objective on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Wednesday. Finally, JPMorgan Chase & Co. set a €90.00 ($92.78) price objective on shares of Bayerische Motoren Werke Aktiengesellschaft in a research report on Wednesday.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 0.4 %

Shares of ETR:BMW opened at €76.61 ($78.98) on Thursday. The company has a current ratio of 1.17, a quick ratio of 0.75 and a debt-to-equity ratio of 115.91. Bayerische Motoren Werke Aktiengesellschaft has a 12-month low of €67.58 ($69.67) and a 12-month high of €100.42 ($103.53). The company has a fifty day simple moving average of €77.55 and a 200 day simple moving average of €80.72. The firm has a market cap of $46.12 billion and a PE ratio of 2.56.

About Bayerische Motoren Werke Aktiengesellschaft

(Get Rating)

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.

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