Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW – Get Rating) has been assigned a €103.00 ($110.75) price target by analysts at Royal Bank of Canada in a research report issued on Wednesday, Borsen Zeitung reports. Royal Bank of Canada’s price objective indicates a potential upside of 7.55% from the stock’s previous close.
Several other equities research analysts have also issued reports on the stock. UBS Group set a €85.00 ($91.40) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a research report on Friday, March 10th. Barclays set a €95.00 ($102.15) price target on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Monday, February 13th. Berenberg Bank set a €95.00 ($102.15) price target on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Monday, January 30th. The Goldman Sachs Group set a €113.00 ($121.51) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Monday, February 6th. Finally, JPMorgan Chase & Co. set a €95.00 ($102.15) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Wednesday.
Bayerische Motoren Werke Aktiengesellschaft Price Performance
BMW stock opened at €95.77 ($102.98) on Wednesday. The firm has a 50 day moving average of €95.71 and a 200-day moving average of €84.76. The company has a current ratio of 1.11, a quick ratio of 0.71 and a debt-to-equity ratio of 114.63. Bayerische Motoren Werke Aktiengesellschaft has a 12 month low of €68.44 ($73.59) and a 12 month high of €103.70 ($111.51). The firm has a market capitalization of $57.65 billion, a P/E ratio of 3.51, a price-to-earnings-growth ratio of -0.28 and a beta of 1.13.
Bayerische Motoren Werke Aktiengesellschaft Company Profile
Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.
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