Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) Given a €88.00 Price Target by The Goldman Sachs Group Analysts

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMWGet Rating) has been assigned a €88.00 ($89.80) price objective by investment analysts at The Goldman Sachs Group in a research note issued on Thursday, Borsen Zeitung reports. The Goldman Sachs Group’s target price would indicate a potential upside of 5.05% from the stock’s previous close.

A number of other equities research analysts have also commented on BMW. Deutsche Bank Aktiengesellschaft set a €130.00 ($132.65) price objective on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Wednesday, October 26th. UBS Group set a €70.00 ($71.43) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Thursday, November 3rd. JPMorgan Chase & Co. set a €90.00 ($91.84) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Thursday, November 3rd. Jefferies Financial Group set a €95.00 ($96.94) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Monday, November 14th. Finally, Royal Bank of Canada set a €107.00 ($109.18) target price on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Monday, November 7th.

Bayerische Motoren Werke Aktiengesellschaft Trading Down 0.4 %

Shares of ETR:BMW traded down €0.33 ($0.34) during trading on Thursday, reaching €83.77 ($85.48). The stock had a trading volume of 780,003 shares, compared to its average volume of 2,050,000. The firm’s fifty day moving average is €76.79 and its 200 day moving average is €76.94. The company has a debt-to-equity ratio of 114.63, a quick ratio of 0.71 and a current ratio of 1.11. Bayerische Motoren Werke Aktiengesellschaft has a 52 week low of €67.58 ($68.96) and a 52 week high of €100.42 ($102.47). The stock has a market cap of $50.43 billion and a price-to-earnings ratio of 3.07.

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.

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