Bayerische Motoren Werke AG (ETR:BMW) PT Set at €126.00 by Credit Suisse Group

Bayerische Motoren Werke AG (ETR:BMW) has been assigned a €126.00 ($146.51) target price by investment analysts at Credit Suisse Group in a report released on Wednesday, October 18th. The firm presently has a “buy” rating on the stock. Credit Suisse Group’s price target would suggest a potential upside of 40.05% from the stock’s previous close.

Several other equities analysts have also issued reports on BMW. Sanford C. Bernstein set a €85.00 ($98.84) target price on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a research report on Wednesday, September 27th. Morgan Stanley set a €81.00 ($94.19) price objective on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a report on Friday, August 11th. Barclays PLC set a €118.00 ($137.21) price objective on Bayerische Motoren Werke AG and gave the company a “buy” rating in a report on Thursday, July 13th. Berenberg Bank set a €83.00 ($96.51) price objective on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a report on Tuesday, July 4th. Finally, Warburg Research set a €107.00 ($124.42) price objective on Bayerische Motoren Werke AG and gave the company a “buy” rating in a report on Wednesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of €93.08 ($108.24).

Shares of Bayerische Motoren Werke AG (ETR:BMW) traded up €0.40 ($0.47) during mid-day trading on Wednesday, reaching €89.97 ($104.62). The company had a trading volume of 1,518,663 shares, compared to its average volume of 1,430,000. Bayerische Motoren Werke AG has a 1 year low of €73.40 ($85.35) and a 1 year high of €91.76 ($106.70).

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Bayerische Motoren Werke AG Company Profile

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.

Analyst Recommendations for Bayerische Motoren Werke AG (ETR:BMW)

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