BMW (ETR:BMW) PT Set at €85.00 by UBS

BMW (ETR:BMW) received a €85.00 ($104.94) price target from UBS in a report released on Friday, March 23rd, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock. UBS’s price target indicates a potential downside of 6.82% from the company’s current price.

BMW has been the subject of several other research reports. Deutsche Bank set a €120.00 ($148.15) price objective on shares of BMW and gave the stock a “buy” rating in a research report on Wednesday, February 14th. JPMorgan Chase set a €90.00 ($111.11) price target on shares of BMW and gave the company a “sell” rating in a research report on Friday, January 5th. HSBC set a €82.00 ($101.23) price target on shares of BMW and gave the company a “neutral” rating in a research report on Thursday, December 14th. Independent Research set a €90.00 ($111.11) price objective on shares of BMW and gave the stock a “neutral” rating in a research report on Wednesday, January 3rd. Finally, Sanford C. Bernstein set a €85.00 ($104.94) price objective on shares of BMW and gave the stock a “neutral” rating in a research report on Friday, February 9th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. BMW has a consensus rating of “Hold” and an average target price of €96.29 ($118.88).

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ETR BMW traded up €0.56 ($0.69) on Friday, hitting €91.22 ($112.62). 1,696,324 shares of the stock were exchanged, compared to its average volume of 2,050,000. BMW has a fifty-two week low of €77.07 ($95.15) and a fifty-two week high of €97.04 ($119.80).

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BMW Company Profile

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 BMW (ETR:BMW)

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