Credit Suisse Group Reiterates €101.00 Price Target for Bayerische Motoren Werke (BMW)

Credit Suisse Group set a €101.00 ($117.44) target price on Bayerische Motoren Werke (ETR:BMW) in a research report sent to investors on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other brokerages have also recently issued reports on BMW. JPMorgan Chase & Co. set a €80.00 ($93.02) price objective on Bayerische Motoren Werke and gave the stock a neutral rating in a research note on Monday, November 5th. Sanford C. Bernstein set a €85.00 ($98.84) price objective on Bayerische Motoren Werke and gave the stock a neutral rating in a research note on Tuesday, September 25th. UBS Group set a €76.00 ($88.37) price objective on Bayerische Motoren Werke and gave the stock a neutral rating in a research note on Wednesday, November 7th. Barclays set a €112.00 ($130.23) price objective on Bayerische Motoren Werke and gave the stock a buy rating in a research note on Tuesday, September 25th. Finally, Independent Research set a €83.00 ($96.51) price objective on Bayerische Motoren Werke and gave the stock a neutral rating in a research note on Wednesday, September 26th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. Bayerische Motoren Werke currently has a consensus rating of Hold and a consensus price target of €88.18 ($102.54).

BMW opened at €73.62 ($85.60) on Tuesday. Bayerische Motoren Werke has a one year low of €77.07 ($89.62) and a one 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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