Bayerische Motoren Werke (ETR:BMW)‘s stock had its “sell” rating restated by equities researchers at Citigroup in a note issued to investors on Tuesday, December 5th.
A number of other research firms also recently issued reports on BMW. BNP Paribas set a €96.00 ($114.29) target price on Bayerische Motoren Werke and gave the stock a “buy” rating in a research report on Friday, September 8th. Deutsche Bank set a €120.00 ($142.86) price target on Bayerische Motoren Werke and gave the company a “buy” rating in a research report on Thursday, August 31st. Warburg Research set a €105.00 ($125.00) price target on Bayerische Motoren Werke and gave the company a “buy” rating in a research report on Monday, September 11th. Morgan Stanley set a €81.00 ($96.43) price objective on Bayerische Motoren Werke and gave the company a “sell” rating in a research note on Wednesday, October 25th. Finally, Barclays set a €118.00 ($140.48) price objective on Bayerische Motoren Werke and gave the company a “buy” rating in a research note on Friday, September 29th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €93.96 ($111.86).
Bayerische Motoren Werke (BMW) traded down €0.31 ($0.37) during mid-day trading on Tuesday, hitting €86.83 ($103.37). The stock had a trading volume of 726,308 shares, compared to its average volume of 4,126. The company has a market capitalization of $56,560.00 and a price-to-earnings ratio of 7.53. Bayerische Motoren Werke has a 52 week low of €77.07 ($91.75) and a 52 week high of €91.76 ($109.24).
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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.
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