Bayerische Motoren Werke (ETR:BMW) PT Set at €90.00 by Barclays

Barclays set a €90.00 ($104.65) target price on Bayerische Motoren Werke (ETR:BMW) in a research report sent to investors on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other analysts also recently weighed in on the stock. Independent Research set a €70.00 ($81.40) target price on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Wednesday, June 26th. Citigroup set a €70.00 ($81.40) target price on shares of Bayerische Motoren Werke and gave the stock a sell rating in a research report on Thursday, May 9th. Sanford C. Bernstein set a €75.00 ($87.21) target price on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Thursday, August 1st. HSBC set a €73.00 ($84.88) target price on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Friday, May 3rd. Finally, Royal Bank of Canada set a €76.00 ($88.37) target price on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Thursday, August 1st. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. Bayerische Motoren Werke currently has a consensus rating of Hold and an average target price of €76.50 ($88.95).

ETR:BMW opened at €63.34 ($73.65) on Friday. The stock has a 50-day simple moving average of €66.00. The stock has a market cap of $38.13 billion and a P/E ratio of 5.85. The company has a quick ratio of 0.81, a current ratio of 1.15 and a debt-to-equity ratio of 191.23. Bayerische Motoren Werke has a 1-year low of €61.14 ($71.09) and a 1-year high of €86.74 ($100.86).

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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