Bayerische Motoren Werke (ETR:BMW) Given a €85.00 Price Target by Deutsche Bank Analysts

Bayerische Motoren Werke (ETR:BMW) received a €85.00 ($98.84) price objective from Deutsche Bank in a research note issued on Wednesday, June 26th, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price target points to a potential upside of 28.50% from the company’s previous close.

BMW has been the topic of several other reports. Bank of America set a €155.00 ($180.23) target price on Continental and gave the company a “buy” rating in a report on Tuesday, May 14th. Jefferies Financial Group restated a “hold” rating and set a $75.00 price objective on shares of Bayerische Motoren Werke in a report on Tuesday, May 7th. Oddo Bhf set a GBX 1,170 ($15.29) price objective on easyJet and gave the stock a “neutral” rating in a report on Monday, May 20th. Credit Suisse Group set a €92.00 ($106.98) price objective on Bayerische Motoren Werke and gave the stock a “buy” rating in a report on Wednesday, May 8th. Finally, Nord/LB set a €90.00 ($104.65) target price on Henkel AG & Co KGaA and gave the stock a “neutral” rating in a research report on Tuesday, May 7th. Four investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €76.79 ($89.29).

Shares of ETR:BMW traded down €0.20 ($0.23) during mid-day trading on Wednesday, hitting €66.15 ($76.92). 1,339,503 shares of the company traded hands, compared to its average volume of 2,050,000. The firm has a market capitalization of $39.82 billion and a price-to-earnings ratio of 6.11. The company has a debt-to-equity ratio of 191.23, a quick ratio of 0.81 and a current ratio of 1.15. Bayerische Motoren Werke has a 52-week low of €61.14 ($71.09) and a 52-week high of €86.74 ($100.86). The stock’s 50 day moving average price is €64.34.

Bayerische Motoren Werke Company Profile

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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Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

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