Bayerische Motoren Werke (ETR:BMW) Given a €60.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €60.00 ($69.77) price target on Bayerische Motoren Werke (ETR:BMW) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other equities analysts have also recently commented on the stock. HSBC set a €68.00 ($79.07) target price on shares of Bayerische Motoren Werke and gave the company a neutral rating in a research report on Friday, August 23rd. Bank of America set a €72.00 ($83.72) price target on shares of Bayerische Motoren Werke and gave the company a neutral rating in a report on Tuesday, October 15th. UBS Group set a €62.00 ($72.09) price target on shares of Bayerische Motoren Werke and gave the company a neutral rating in a report on Tuesday, October 8th. Nord/LB set a €70.00 ($81.40) price target on shares of Bayerische Motoren Werke and gave the company a neutral rating in a report on Thursday, August 1st. Finally, Credit Suisse Group set a €90.00 ($104.65) price target on shares of Bayerische Motoren Werke and gave the company a buy rating in a report on Monday, September 9th. Five equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company. Bayerische Motoren Werke presently has an average rating of Hold and a consensus price target of €72.41 ($84.20).

Shares of ETR:BMW opened at €75.04 ($87.26) on Wednesday. The firm has a 50 day moving average of €66.65 and a 200-day moving average of €66.05. The stock has a market capitalization of $45.17 billion and a PE ratio of 10.25. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 195.12. Bayerische Motoren Werke has a 12 month low of €58.04 ($67.49) and a 12 month 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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