Independent Research set a €90.00 ($111.11) price objective on Bayerische Motoren Werke (ETR:BMW) in a report published on Wednesday, January 3rd. The firm currently has a neutral rating on the stock.

Several other research firms have also recently commented on BMW. Sanford C. Bernstein set a €85.00 ($104.94) price objective on shares of Bayerische Motoren Werke and gave the company a neutral rating in a research note on Wednesday, September 27th. equinet set a €98.00 ($120.99) target price on shares of Bayerische Motoren Werke and gave the stock a buy rating in a research report on Tuesday, November 7th. JPMorgan Chase & Co. set a €90.00 ($111.11) target price on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Tuesday, September 26th. Barclays set a €110.00 ($135.80) target price on shares of Bayerische Motoren Werke and gave the stock a buy rating in a research report on Wednesday, November 8th. Finally, Warburg Research set a €110.00 ($135.80) target price on shares of Bayerische Motoren Werke and gave the stock a buy rating in a research report on Tuesday, January 2nd. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. Bayerische Motoren Werke has an average rating of Hold and a consensus target price of €94.83 ($117.08).

Bayerische Motoren Werke (ETR:BMW) traded down €0.29 ($0.36) during mid-day trading on Wednesday, reaching €93.54 ($115.48). 1,165,711 shares of the company’s stock traded hands, compared to its average volume of 1,750,000. The company has a market capitalization of $60,690.00 and a P/E ratio of 8.11. Bayerische Motoren Werke has a 12 month low of €77.07 ($95.15) and a 12 month high of €97.04 ($119.80).

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About Bayerische Motoren Werke

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 Bayerische Motoren Werke (ETR:BMW)

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