Bayerische Motoren Werke (ETR:BMW) has been assigned a €75.00 ($87.21) price objective by stock analysts at Jefferies Financial Group in a report issued on Tuesday, May 7th, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 18.76% from the stock’s previous close.
A number of other brokerages also recently issued reports on BMW. Independent Research set a €79.00 ($91.86) target price on Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Thursday, April 18th. Credit Suisse Group set a €92.00 ($106.98) price target on Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Tuesday, April 23rd. Sanford C. Bernstein set a €85.00 ($98.84) price target on Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Wednesday, April 24th. Barclays set a €96.00 ($111.63) price target on Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Tuesday, April 16th. Finally, HSBC set a €73.00 ($84.88) price target on Bayerische Motoren Werke and gave the stock a “neutral” rating in a report on Friday, May 3rd. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the stock. Bayerische Motoren Werke has an average rating of “Hold” and a consensus price target of €78.64 ($91.44).
Shares of ETR:BMW traded down €0.69 ($0.80) on Tuesday, hitting €63.15 ($73.43). 1,499,372 shares of the company’s stock were exchanged, compared to its average volume of 2,050,000. The company has a debt-to-equity ratio of 191.23, a quick ratio of 0.81 and a current ratio of 1.15. The stock has a market cap of $41.53 billion and a P/E ratio of 5.83. Bayerische Motoren Werke has a 1-year low of €65.07 ($75.66) and a 1-year high of €91.23 ($106.08).
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.
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