Bayerische Motoren Werke (BMW) PT Set at €75.00 by Morgan Stanley

Bayerische Motoren Werke (ETR:BMW) received a €75.00 ($87.21) price objective from stock analysts at Morgan Stanley in a report issued on Thursday. The brokerage currently has a “neutral” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 4.59% from the stock’s previous close.

A number of other research analysts also recently commented on the company. Independent Research set a €81.00 ($94.19) price objective on Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Wednesday. Barclays set a €108.00 ($125.58) price objective on Bayerische Motoren Werke and gave the company a “buy” rating in a report on Wednesday. UBS Group set a €76.00 ($88.37) price objective on Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Tuesday. Credit Suisse Group set a €101.00 ($117.44) price objective on Bayerische Motoren Werke and gave the company a “buy” rating in a report on Tuesday. Finally, Societe Generale set a €82.00 ($95.35) price objective on Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Tuesday. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of €86.36 ($100.42).

BMW opened at €71.71 ($83.38) on Thursday. Bayerische Motoren Werke has a one year low of €77.07 ($89.62) and a one year high of €97.04 ($112.84).

About Bayerische Motoren Werke

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.

Read More: Can individual investors take part in an IPO?

Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

Receive News & Ratings for Bayerische Motoren Werke Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bayerische Motoren Werke and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply