Bayerische Motoren Werke (ETR:BMW) has been given a €106.00 ($123.26) price target by investment analysts at Barclays in a research report issued to clients and investors on Wednesday. The firm presently has a “buy” rating on the stock. Barclays’ price objective indicates a potential upside of 42.74% from the stock’s previous close.
Several other equities analysts also recently commented on the company. Independent Research set a €85.00 ($98.84) target price on Bayerische Motoren Werke and gave the company a “neutral” rating in a research report on Monday, September 17th. Nord/LB set a €86.00 ($100.00) target price on Bayerische Motoren Werke and gave the company a “buy” rating in a research report on Wednesday, September 26th. JPMorgan Chase & Co. set a €80.00 ($93.02) target price on Bayerische Motoren Werke and gave the company a “neutral” rating in a research report on Tuesday, September 25th. Jefferies Financial Group set a €100.00 ($116.28) price target on Bayerische Motoren Werke and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Finally, Credit Suisse Group set a €116.00 ($134.88) price target on Bayerische Motoren Werke and gave the stock a “buy” rating in a research report on Tuesday, August 28th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of €88.77 ($103.22).
Shares of Bayerische Motoren Werke stock traded down €2.66 ($3.09) on Wednesday, hitting €74.26 ($86.35). The stock had a trading volume of 3,911,224 shares, compared to its average volume of 2,050,000. Bayerische Motoren Werke has a twelve month low of €77.07 ($89.62) and a twelve month high of €97.04 ($112.84).
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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