Royal Bank of Canada Analysts Give Bayerische Motoren Werke (ETR:BMW) a €73.00 Price Target

Royal Bank of Canada set a €73.00 ($84.88) target price on Bayerische Motoren Werke (ETR:BMW) in a report issued on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

BMW has been the subject of several other research reports. Deutsche Bank set a €80.00 ($93.02) price target on shares of Bayerische Motoren Werke and gave the stock a buy rating in a research report on Friday, August 2nd. Citigroup set a €70.00 ($81.40) price target 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 €65.00 ($75.58) price target on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Friday, August 16th. Bank of America set a €76.00 ($88.37) price target on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Tuesday, May 14th. Finally, Warburg Research set a €92.00 ($106.98) price target on shares of Bayerische Motoren Werke and gave the stock a buy rating in a research report on Thursday, August 1st. Four equities research 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. The stock presently has a consensus rating of Hold and a consensus price target of €75.46 ($87.74).

Shares of BMW stock opened at €58.70 ($68.26) on Thursday. Bayerische Motoren Werke has a one year low of €58.04 ($67.49) and a one year high of €86.74 ($100.86). The company has a debt-to-equity ratio of 195.12, a quick ratio of 0.80 and a current ratio of 1.15. The company has a 50 day moving average price of €64.51 and a 200 day moving average price of €68.54. The firm has a market capitalization of $35.34 billion and a price-to-earnings ratio of 8.02.

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.

Further Reading: What is a put option?

Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

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.