Shares of Bayerische Motoren Werke AG (ETR:BMW) have received an average rating of “Hold” from the twenty-four brokerages that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is €94.04 ($111.95).

Several equities analysts have recently issued reports on the stock. Citigroup set a €74.00 ($88.10) price objective on shares of Bayerische Motoren Werke and gave the company a “sell” rating in a report on Monday. Morgan Stanley set a €81.00 ($96.43) price objective on shares of Bayerische Motoren Werke and gave the company a “sell” rating in a report on Thursday. JPMorgan Chase & Co. set a €90.00 ($107.14) price objective on shares of Bayerische Motoren Werke and gave the company a “sell” rating in a report on Friday, January 5th. Independent Research set a €90.00 ($107.14) price objective on shares of Bayerische Motoren Werke and gave the company a “neutral” rating in a report on Wednesday, January 3rd. Finally, Warburg Research set a €110.00 ($130.95) price objective on shares of Bayerische Motoren Werke and gave the company a “buy” rating in a report on Tuesday, January 2nd.

Bayerische Motoren Werke (BMW) traded down €0.02 ($0.02) on Monday, hitting €89.79 ($106.89). 1,147,113 shares of the stock traded hands, compared to its average volume of 1,530,000. Bayerische Motoren Werke has a 12-month low of €77.07 ($91.75) and a 12-month high of €91.06 ($108.40). The firm has a market capitalization of $57,940.00 and a P/E ratio of 7.79.

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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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