Bayerische Motoren Werke (ETR:BMW) has been given a €80.00 ($93.02) target price by research analysts at JPMorgan Chase & Co. in a report issued on Wednesday, October 3rd. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 7.40% from the company’s current price.
A number of other brokerages also recently weighed in on BMW. Credit Suisse Group set a €126.00 ($146.51) price objective on shares of Bayerische Motoren Werke and gave the company a “buy” rating in a research report on Friday, July 13th. Sanford C. Bernstein set a €85.00 ($98.84) target price on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Tuesday, September 25th. Morgan Stanley set a €90.00 ($104.65) target price on shares of Bayerische Motoren Werke and gave the stock a “sell” rating in a research report on Thursday, June 14th. Barclays set a €112.00 ($130.23) target price on shares of Bayerische Motoren Werke and gave the stock a “buy” rating in a research report on Tuesday, September 25th. Finally, Independent Research set a €83.00 ($96.51) target price on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research report on Wednesday, September 26th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of €90.59 ($105.34).
BMW opened at €74.49 ($86.62) on Wednesday. Bayerische Motoren Werke has a 1-year low of €77.07 ($89.62) and a 1-year high of €97.04 ($112.84).
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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