HSBC Analysts Give Bayerische Motoren Werke (ETR:BMW) a €68.00 Price Target

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HSBC set a €68.00 ($79.07) price objective on Bayerische Motoren Werke (ETR:BMW) in a report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the company. Credit Suisse Group set a €90.00 ($104.65) price target on Bayerische Motoren Werke and gave the company a buy rating in a report on Friday, August 2nd. JPMorgan Chase & Co. set a €60.00 ($69.77) price target on Bayerische Motoren Werke and gave the company a sell rating in a report on Wednesday, August 7th. Jefferies Financial Group set a €75.00 ($87.21) price target on Bayerische Motoren Werke and gave the company a neutral rating in a report on Tuesday, July 2nd. Morgan Stanley set a €75.00 ($87.21) price target on Bayerische Motoren Werke and gave the company a buy rating in a report on Tuesday, July 23rd. Finally, Nord/LB set a €70.00 ($81.40) price target on Bayerische Motoren Werke and gave the company a neutral rating in a report on Thursday, August 1st. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company’s stock. Bayerische Motoren Werke presently has a consensus rating of Hold and an average price target of €75.46 ($87.74).

Shares of Bayerische Motoren Werke stock opened at €58.70 ($68.26) on Friday. The business has a fifty day simple moving average of €64.51 and a two-hundred day simple moving average of €68.54. Bayerische Motoren Werke has a 1 year low of €58.04 ($67.49) and a 1 year high of €86.74 ($100.86). The company has a market capitalization of $35.34 billion and a price-to-earnings ratio of 8.02. The company has a debt-to-equity ratio of 195.12, a current ratio of 1.15 and a quick ratio of 0.80.

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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