Bayerische Motoren Werke (ETR:BMW) Given a €60.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €60.00 ($69.77) target price on Bayerische Motoren Werke (ETR:BMW) in a report published on Thursday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

Other research analysts also recently issued research reports about the stock. Jefferies Financial Group set a €75.00 ($87.21) price target on shares of Bayerische Motoren Werke and gave the company a neutral rating in a report on Tuesday, July 2nd. HSBC set a €73.00 ($84.88) price target on shares of Bayerische Motoren Werke and gave the company a neutral rating in a report on Friday, May 3rd. Barclays set a €94.00 ($109.30) price objective on shares of Bayerische Motoren Werke and gave the stock a buy rating in a research note on Wednesday, July 17th. Kepler Capital Markets set a €60.00 ($69.77) price objective on shares of Bayerische Motoren Werke and gave the stock a sell rating in a research note on Tuesday, July 2nd. Finally, Credit Suisse Group set a €90.00 ($104.65) price objective on shares of Bayerische Motoren Werke and gave the stock a buy rating in a research note on Thursday, July 18th. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €76.50 ($88.95).

Shares of ETR:BMW opened at €64.65 ($75.17) on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.81 and a debt-to-equity ratio of 191.23. Bayerische Motoren Werke has a 12 month low of €61.14 ($71.09) and a 12 month high of €86.74 ($100.86). The firm has a 50-day simple moving average of €65.90. The company has a market cap of $38.92 billion and a P/E ratio of 5.97.

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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