Deutsche Bank AG Keeps BMW (ETR:BMW3) As a Hold; They Now Have a TP Of EUR 105.00

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BMW (ETR:BMW3) Rating Reaffirmed

Stock research analysts at Deutsche Bank AG now has a EUR 105.00 TP on BMW (ETR:BMW3). Deutsche Bank AG and their recent TP may suggest a potential upside of 7.86% from the company’s last close price. The rating has been released in an interesting research report on 9 December.

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 29.84% above today’s (€75.34) 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 32,062 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.

Deutsche Bank AG Keeps BMW (ETR:BMW3) As a Hold; They Now Have a TP Of EUR 105.00

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 64.19 billion EUR. It divides its activities into the three main divisions: Automobiles, Motorcycles and Financial Services. It has 8.11 P/E ratio. It owns three brands: BMW, MINI and Rolls-Royce.

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