Deutsche Bank AG Analysts Give Bayerische Motoren Werke AG (BMW) a €120.00 Price Target

Bayerische Motoren Werke AG (ETR:BMW) has been given a €120.00 ($131.87) price objective by research analysts at Deutsche Bank AG in a report issued on Saturday. The firm currently has a “buy” rating on the stock.

A number of other research firms also recently issued reports on BMW. Kepler Capital Markets set a €77.00 ($84.62) price target on shares of Bayerische Motoren Werke AG and gave the company a “sell” rating in a research note on Wednesday, March 8th. Berenberg Bank set a €83.00 ($91.21) price target on shares of Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Monday, March 6th. Morgan Stanley set a €81.00 ($89.01) price target on shares of Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Monday, March 6th. Barclays PLC set a €103.00 ($113.19) price target on shares of Bayerische Motoren Werke AG and gave the company a “buy” rating in a research note on Monday, February 27th. Finally, Commerzbank Ag set a €90.00 ($98.90) price target on shares of Bayerische Motoren Werke AG and gave the company a “neutral” rating in a research note on Wednesday, February 8th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €90.19 ($99.11).

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

Shares of Bayerische Motoren Werke AG (ETR:BMW) traded up 1.639% during mid-day trading on Friday, hitting €86.394. 3,396 shares of the company traded hands. The stock has a market capitalization of €56.77 billion and a PE ratio of 7.699. The firm’s 50 day moving average price is €85.92 and its 200-day moving average price is €85.22. Bayerische Motoren Werke AG has a 1-year low of €63.42 and a 1-year high of €91.67.

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About Bayerische Motoren Werke AG

Bayerische Motoren Werke AG is a Germany-based automobile and motorcycle manufacturer. It divides its activities into four segments: Automobiles, Motorcycles, Financial Services and Other Entities. The Automotive segment develops, manufactures, assembles and sells cars and off-road vehicles under the brands BMW, MINI and Rolls-Royce as well as spare parts and accessories.

12 Month Chart for ETR:BMW

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