Nord/LB Analysts Give BMW (BMW) a €83.00 Price Target

Nord/LB set a €83.00 ($101.22) price target on BMW (ETR:BMW) in a report released on Friday morning. The brokerage currently has a sell rating on the stock.

A number of other analysts have also commented on BMW. equinet set a €105.00 ($128.05) price objective on shares of BMW and gave the company a buy rating in a research note on Friday. Kepler Capital Markets set a €78.00 ($95.12) price objective on shares of BMW and gave the company a sell rating in a research note on Friday. JPMorgan Chase set a €90.00 ($109.76) price objective on shares of BMW and gave the company a sell rating in a research note on Friday. Morgan Stanley set a €90.00 ($109.76) price objective on shares of BMW and gave the company a sell rating in a research note on Tuesday, April 17th. Finally, UBS set a €85.00 ($103.66) price objective on shares of BMW and gave the company a neutral rating in a research note on Thursday, March 29th. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of €96.30 ($117.44).

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BMW stock traded down €0.91 ($1.11) during mid-day trading on Friday, reaching €91.56 ($111.66). 2,154,701 shares of the stock traded hands, compared to its average volume of 2,050,000. BMW has a 52-week low of €77.07 ($93.99) and a 52-week high of €97.04 ($118.34).

About BMW

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.

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