Kepler Capital Markets Reiterates €63.00 Price Target for Bayerische Motoren Werke (ETR:BMW)

Bayerische Motoren Werke (ETR:BMW) has been assigned a €63.00 ($73.26) price objective by research analysts at Kepler Capital Markets in a note issued to investors on Thursday, March 28th, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Kepler Capital Markets’ target price would suggest a potential downside of 18.97% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. UBS Group set a €76.00 ($88.37) target price on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a research note on Thursday, March 21st. Independent Research set a €81.00 ($94.19) price objective on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a research note on Wednesday, December 5th. Sanford C. Bernstein set a €85.00 ($98.84) price objective on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a research note on Wednesday, February 27th. Warburg Research set a €92.00 ($106.98) target price on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Friday, March 22nd. Finally, Nord/LB set a €73.00 ($84.88) target price on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Friday, March 22nd. Five investment analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. Bayerische Motoren Werke presently has a consensus rating of “Hold” and an average target price of €79.65 ($92.62).

Shares of ETR:BMW traded up €0.50 ($0.58) during trading on Thursday, reaching €77.75 ($90.41). The stock had a trading volume of 2,868,292 shares, compared to its average volume of 2,050,000. Bayerische Motoren Werke has a fifty-two week low of €67.73 ($78.76) and a fifty-two week high of €93.87 ($109.15). The firm has a market cap of $51.13 billion and a PE ratio of 7.18. The company has a debt-to-equity ratio of 175.46, a current ratio of 1.18 and a quick ratio of 0.85.

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.

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Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

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