Bayerische Motoren Werke (ETR:BMW) Stock Crosses Above 200-Day Moving Average of $0.00

Bayerische Motoren Werke AG (ETR:BMW)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $68.54. Bayerische Motoren Werke shares last traded at $67.11, with a volume of 1,560,448 shares trading hands.

Several brokerages recently weighed in on BMW. Kepler Capital Markets set a €55.00 ($63.95) target price on shares of RTL Group and gave the company a “buy” rating in a report on Tuesday, July 2nd. Goldman Sachs Group cut shares of Micro Focus International from a “neutral” rating to a “sell” rating in a report on Tuesday, July 16th. JPMorgan Chase & Co. set a $430.00 price objective on shares of Boeing and gave the stock a “buy” rating in a report on Friday, July 19th. Royal Bank of Canada cut their price objective on shares of Snc-Lavalin Group from C$40.00 to C$34.00 and set an “outperform” rating on the stock in a report on Tuesday, July 23rd. Finally, Citigroup raised shares of Copa from a “neutral” rating to a “buy” rating in a report on Thursday, May 9th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €76.79 ($89.29).

The company has a quick ratio of 0.81, a current ratio of 1.15 and a debt-to-equity ratio of 191.23. The firm has a market cap of $40.40 billion and a price-to-earnings ratio of 6.20. The firm has a 50-day moving average of €65.68.

About Bayerische Motoren Werke (ETR:BMW)

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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