Bayerische Motoren Werke (ETR:BMW) has been assigned a €72.00 ($83.72) price target by investment analysts at Oddo Bhf in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Oddo Bhf’s price objective indicates a potential upside of 10.87% from the company’s previous close.
Other analysts also recently issued research reports about the company. UBS Group set a €76.00 ($88.37) price objective on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Thursday, January 24th. Nord/LB set a €73.00 ($84.88) price objective on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Friday, March 22nd. Warburg Research set a €92.00 ($106.98) price objective on Bayerische Motoren Werke and gave the stock a “buy” rating in a research note on Tuesday, May 7th. Barclays set a €96.00 ($111.63) price objective on Bayerische Motoren Werke and gave the stock a “buy” rating in a research note on Friday, March 29th. Finally, JPMorgan Chase & Co. set a €69.00 ($80.23) price objective on Bayerische Motoren Werke and gave the stock a “sell” rating in a research note on Wednesday, March 13th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of €78.64 ($91.44).
ETR:BMW opened at €64.94 ($75.51) on Monday. Bayerische Motoren Werke has a 12-month low of €65.07 ($75.66) and a 12-month high of €91.23 ($106.08). The company has a debt-to-equity ratio of 191.23, a quick ratio of 0.81 and a current ratio of 1.15. The firm has a market capitalization of $43.51 billion and a PE ratio of 6.00.
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.
Featured Story: How much can an individual set aside as a catch-up contribution?
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.