Royal Bank of Canada Reiterates “€74.00” Price Target for Bayerische Motoren Werke (ETR:BMW)
Royal Bank of Canada set a €74.00 ($86.05) target price on Bayerische Motoren Werke (ETR:BMW) in a research report report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities research analysts also recently issued reports about the stock. Goldman Sachs Group set a €65.00 ($75.58) price target on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a report on Wednesday, October 23rd. UBS Group set a €62.00 ($72.09) price target on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a report on Tuesday, October 8th. Credit Suisse Group set a €90.00 ($104.65) price target on shares of Bayerische Motoren Werke and gave the stock a buy rating in a report on Monday, September 9th. 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 report on Friday, August 2nd. Finally, Kepler Capital Markets set a €63.00 ($73.26) price target on shares of Bayerische Motoren Werke and gave the stock a sell rating in a report on Wednesday, September 11th. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the stock. The company currently has an average rating of Hold and an average price target of €72.41 ($84.20).
Shares of ETR:BMW opened at €75.04 ($87.26) on Wednesday. Bayerische Motoren Werke has a twelve month low of €58.04 ($67.49) and a twelve month high of €78.30 ($91.05). The firm has a market capitalization of $45.17 billion and a PE ratio of 10.25. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 195.12. The company has a 50-day moving average price of €66.65 and a two-hundred day moving average price of €66.05.
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.
Recommended Story: Cost of Capital Explained
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.