HSBC Reiterates “€82.00” Price Target for Bayerische Motoren Werke (BMW)

HSBC set a €82.00 ($97.62) price target on Bayerische Motoren Werke (ETR:BMW) in a research report released on Thursday. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts also recently issued reports on BMW. Sanford C. Bernstein set a €85.00 ($101.19) price target on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Wednesday, September 27th. Kepler Capital Markets set a €80.00 ($95.24) price target on Bayerische Motoren Werke and gave the stock a sell rating in a research report on Tuesday, December 5th. Societe Generale set a €98.00 ($116.67) price target on Bayerische Motoren Werke and gave the stock a buy rating in a research report on Wednesday, December 6th. Goldman Sachs Group set a €85.00 ($101.19) price target on Bayerische Motoren Werke and gave the stock a sell rating in a research report on Friday, December 8th. Finally, Barclays set a €110.00 ($130.95) price target on Bayerische Motoren Werke and gave the stock a buy rating in a research report on Tuesday, December 12th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company. Bayerische Motoren Werke currently has an average rating of Hold and an average target price of €93.96 ($111.86).

Bayerische Motoren Werke (ETR:BMW) opened at €85.95 ($102.32) on Thursday. Bayerische Motoren Werke has a 12-month low of €77.07 ($91.75) and a 12-month high of €91.76 ($109.24).

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Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells cars 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 cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brand names; and spare parts and accessories, as well as provides mobility services.

Analyst Recommendations for Bayerische Motoren Werke (ETR:BMW)

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