Bayerische Motoren Werke (ETR:BMW) Given a €60.00 Price Target at UBS Group
UBS Group set a €60.00 ($67.42) price target on Bayerische Motoren Werke (ETR:BMW) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other analysts have also issued research reports about the company. Bank of America set a €59.00 ($66.29) target price on Bayerische Motoren Werke and gave the stock a neutral rating in a report on Tuesday, June 16th. Jefferies Financial Group set a €55.00 ($61.80) target price on Bayerische Motoren Werke and gave the company a neutral rating in a research report on Thursday, June 18th. Nord/LB set a €49.00 ($55.06) price target on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Wednesday, May 6th. Goldman Sachs Group set a €64.00 ($71.91) price target on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Friday, June 12th. Finally, Kepler Capital Markets set a €52.00 ($58.43) target price on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. Bayerische Motoren Werke presently has a consensus rating of Hold and a consensus price target of €63.91 ($71.81).
Shares of ETR:BMW opened at €56.82 ($63.84) on Tuesday. Bayerische Motoren Werke has a 1 year low of €36.60 ($41.12) and a 1 year high of €77.06 ($86.58). The business has a 50 day simple moving average of €53.51 and a two-hundred day simple moving average of €59.52. The firm has a market capitalization of $34.14 billion and a PE ratio of 7.63. The company has a debt-to-equity ratio of 194.64, a current ratio of 1.14 and a quick ratio of 0.79.
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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