Bernstein Research Reaffirms BMW (ETR:BMW3) As a “Market Perform”; They Now Have a PT Of EUR 100.00

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BMW (ETR:BMW3) Rating Reaffirmed

In a recent report shared with investors this morning, Bernstein Research has decided to reaffirm their “Market Perform” rating on BMW (ETR:BMW3) shares. The target price per share would possibly suggest a possible upside of 2.72% from firm’s last close price.

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 €97.82 with a 29.37% above today’s (€75.61) stock price. BMW was the topic of 50 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 9 with “Hold” rating. Warburg Research upgraded shares to “Buy” rating and €115 target share price in a report from a December 2. Baader Wertpapierhandelsbank maintained BMW3 stock in a recent report from December 5 with “Hold” rating. HSBC maintained the rating on November 26. HSBC has a “Hold” rating and a €92 price target on shares. Finally, Equinet upgraded the stock to “Accumulate” rating in a report issued on a December 2.

Approximately 31,456 shares of stock traded hands. Bayerische Motoren Werke AG (ETR:BMW3) has declined 11.45% since May 12, 2015 and is downtrending. It has underperformed by 10.66% the S&P500.

Bernstein Research Reaffirms BMW (ETR:BMW3) As a

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 64.42 billion EUR. It divides its activities into the three main divisions: Automobiles, Motorcycles and Financial Services. It has 8.14 P/E ratio. It owns three brands: BMW, MINI and Rolls-Royce.

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