Deutsche Bank set a €80.00 ($93.02) price target on Bayerische Motoren Werke (ETR:BMW) in a research note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts also recently issued research reports about the company. Nord/LB set a €90.00 ($104.65) target price on Henkel AG & Co KGaA and gave the company a neutral rating in a report on Tuesday, May 7th. Credit Suisse Group set a €92.00 ($106.98) price objective on Bayerische Motoren Werke and gave the stock a buy rating in a report on Wednesday, May 8th. UBS Group set a €74.00 ($86.05) price objective on Bayerische Motoren Werke and gave the stock a neutral rating in a report on Thursday, July 4th. Kepler Capital Markets set a €55.00 ($63.95) price objective on RTL Group and gave the stock a buy rating in a report on Tuesday, July 2nd. Finally, Independent Research set a €96.00 ($111.63) price objective on MorphoSys and gave the stock a neutral rating in a report on Wednesday, June 26th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €77.30 ($89.89).
Shares of BMW opened at €65.40 ($76.05) on Monday. The firm has a market cap of $39.27 billion and a P/E ratio of 6.04. Bayerische Motoren Werke has a fifty-two week low of €61.14 ($71.09) and a fifty-two week high of €86.74 ($100.86). The company has a quick ratio of 0.81, a current ratio of 1.15 and a debt-to-equity ratio of 191.23. The firm has a 50-day simple moving average of €63.95.
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.
Read More: What is dividend yield?
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.