Breaking: BMW (ETR:BMW3) Hold Rating Reiterated at Baader Wertpapierhandelsbank Today; The Target Given is EUR 102.00

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BMW (ETR:BMW3) Rating Reaffirmed

The equities firm has just set a PT of EUR 102.00 on BMW (ETR:BMW3) shares. This is 3.73% from the last price. In a comprehensive report issued to clients and investors on 5 December, Baader Wertpapierhandelsbank has reaffirmed their Hold rating on shares of BMW3.

From a total of 19 analysts covering BMW (ETR:BMW3) stock, 6 rate it a ”Buy”, 4 a “Sell”, and 9 a ”Hold”. This means that 32% of the ratings are positive. The highest target price is €115 while the lowest target price is €75. The mean of all analyst targets is €96.82 with a 28.84% above today’s (€75.15) stock price. BMW was the topic of 47 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Independent Research maintained shares on December 2 with “Hold” rating. UBS maintained shares with “Neutral” rating and €100 target share price in a report from a November 25. Warburg Research upgraded BMW3 stock in a recent report from December 2 to “Buy” rating. Deutsche Bank maintained the rating on November 5. Deutsche Bank has a “Hold” rating and a €105 price target on shares. Finally, Bankhaus Lampe upgraded the stock to “Buy” rating in a report issued on a November 25.

The stock decreased 0.42% or EUR 0.32 on December 4, striking EUR 75.15. Approximately 69,079 shares of stock traded hands or 9.90% up from the average. Bayerische Motoren Werke AG (ETR:BMW3) has declined 11.45% since May 8, 2015 and is downtrending. It has underperformed by 8.67% the S&P500.

Breaking: BMW (ETR:BMW3) Hold Rating Reiterated at Baader Wertpapierhandelsbank Today; The Target Given is EUR 102.00

Bayerische Motoren Werke AG is a German holding firm and automobile maker that focuses on the automobile and motorcycle markets. The company has a market cap of 63.04 billion EUR. It divides its activities into the three main divisions: Automobiles, Motorcycles and Financial Services. It has 8.09 P/E ratio. It owns three brands: BMW, MINI and Rolls-Royce.

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