Kepler Capital Markets Reiterates “€60.00” Price Target for Bayerische Motoren Werke (ETR:BMW)

Kepler Capital Markets set a €60.00 ($69.77) target price on Bayerische Motoren Werke (ETR:BMW) in a research report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

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Several other research firms also recently issued reports on BMW. Sanford C. Bernstein set a €65.00 ($75.58) price objective on Bayerische Motoren Werke and gave the stock a neutral rating in a report on Wednesday. Credit Suisse Group set a €90.00 ($104.65) price objective on Bayerische Motoren Werke and gave the stock a buy rating in a report on Monday, September 9th. Bank of America set a €72.00 ($83.72) target price on Bayerische Motoren Werke and gave the company a neutral rating in a research note on Tuesday, October 15th. Nord/LB set a €70.00 ($81.40) target price on Bayerische Motoren Werke and gave the company a neutral rating in a research note on Thursday, August 1st. Finally, JPMorgan Chase & Co. set a €60.00 ($69.77) target price on Bayerische Motoren Werke and gave the company a sell rating in a research note on Wednesday. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of €72.41 ($84.20).

ETR BMW opened at €75.04 ($87.26) on Wednesday. The stock’s 50-day moving average price is €66.65 and its two-hundred day moving average price is €66.05. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 195.12. The company has a market cap of $45.17 billion and a PE ratio of 10.25. Bayerische Motoren Werke has a 1 year low of €58.04 ($67.49) and a 1 year high of €78.30 ($91.05).

About Bayerische Motoren Werke

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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