BMW (ETR:BMW) has been assigned a €90.00 ($111.11) price objective by research analysts at Morgan Stanley in a report issued on Tuesday. The firm currently has a “sell” rating on the stock. Morgan Stanley’s target price indicates a potential downside of 1.38% from the stock’s previous close.

A number of other research analysts have also commented on BMW. JPMorgan Chase set a €90.00 ($111.11) price objective on shares of BMW and gave the company a “sell” rating in a research note on Tuesday, April 3rd. Jefferies Group set a €105.00 ($129.63) price objective on shares of BMW and gave the company a “buy” rating in a research note on Tuesday, April 3rd. Independent Research set a €95.00 ($117.28) price objective on shares of BMW and gave the company a “neutral” rating in a research note on Wednesday, April 4th. Deutsche Bank set a €120.00 ($148.15) price objective on shares of BMW and gave the company a “buy” rating in a research note on Monday. Finally, UBS set a €85.00 ($104.94) price objective on shares of BMW and gave the company a “neutral” rating in a research note on Monday. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of €96.29 ($118.88).

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Shares of ETR BMW traded up €0.60 ($0.74) during mid-day trading on Tuesday, reaching €91.26 ($112.67). 886,786 shares of the company traded hands, compared to its average volume of 2,050,000. BMW has a fifty-two week low of €77.07 ($95.15) and a fifty-two week high of €97.04 ($119.80).

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BMW Company Profile

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells cars 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 cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brand names; and spare parts and accessories, as well as provides mobility services.

Analyst Recommendations for BMW (ETR:BMW)

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