Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) Share Price Crosses Above 200-Day Moving Average of $93.89

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW – Get Rating)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €93.89 ($102.05) and traded as high as €104.24 ($113.30). Bayerische Motoren Werke Aktiengesellschaft shares last traded at €104.04 ($113.09), with a volume of 730,024 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Berenberg Bank set a €99.00 ($107.61) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Friday, March 24th. Sanford C. Bernstein set a €105.00 ($114.13) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Tuesday, April 4th. Barclays set a €95.00 ($103.26) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Monday, February 13th. Jefferies Financial Group set a €105.00 ($114.13) price target on shares of Bayerische Motoren Werke Aktiengesellschaft in a research report on Wednesday, March 15th. Finally, Royal Bank of Canada set a €103.00 ($111.96) price target on shares of Bayerische Motoren Werke Aktiengesellschaft in a research report on Wednesday, March 15th.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 0.4 %

The stock has a market capitalization of $62.90 billion, a price-to-earnings ratio of 6.02, a PEG ratio of -0.28 and a beta of 1.13. The company has a debt-to-equity ratio of 95.54, a current ratio of 1.14 and a quick ratio of 0.71. The business’s 50-day simple moving average is €100.98 and its two-hundred day simple moving average is €93.89.

About Bayerische Motoren Werke Aktiengesellschaft

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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.