Bayerische Motoren Werke AG (ETR:BMW) has been assigned a €78.00 ($83.87) target price by equities researchers at Morgan Stanley in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock.

Several other equities research analysts have also recently issued reports on the company. Goldman Sachs Group Inc. set a €83.00 ($89.25) price objective on Bayerische Motoren Werke AG and gave the stock a “neutral” rating in a report on Wednesday. Barclays PLC set a €99.00 ($106.45) target price on Bayerische Motoren Werke AG and gave the company a “buy” rating in a report on Tuesday. Berenberg Bank set a €83.00 ($89.25) target price on Bayerische Motoren Werke AG and gave the company a “neutral” rating in a report on Tuesday. HSBC set a €70.00 ($75.27) target price on Bayerische Motoren Werke AG and gave the company a “sell” rating in a report on Monday. Finally, BNP Paribas set a €88.00 ($94.62) target price on Bayerische Motoren Werke AG and gave the company a “buy” rating in a report on Thursday, November 17th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of €85.02 ($91.42).

Analyst Recommendations for Bayerische Motoren Werke AG (ETR:BMW)

Bayerische Motoren Werke AG (ETR:BMW) opened at 82.355 on Friday. The stock has a 50 day moving average price of €78.83 and a 200-day moving average price of €75.42. The stock has a market cap of €54.09 billion and a P/E ratio of 7.816. Bayerische Motoren Werke AG has a 12-month low of €63.42 and a 12-month high of €104.84.

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About Bayerische Motoren Werke AG

Bayerische Motoren Werke AG is a German holding company and automobile manufacturer that focuses on the automobile and motorcycle markets. It divides its activities into the three main segments: Automobiles, Motorcycles and Financial Services. It owns three brands: BMW, MINI and Rolls-Royce. Its BMW automobile range encompasses the 1 Series, including three-door, five-door, coupe and convertible models; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, available in sedan and touring models; the 6 Series, available as a coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models, such as M3, M5 and M6.

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