In a report released yesterday, Michael Raab from Kepler Capital downgraded Bayerische Motoren Werke Aktiengesellschaft (BAMXF – Research Report) to Sell, with a price target of EUR80.00. The company’s shares closed last Wednesday at $92.91.
According to TipRanks.com, Raab is a 1-star analyst with an average return of -1.6% and a 53.3% success rate. Raab covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Stellantis, and Ferrari.
Bayerische Motoren Werke Aktiengesellschaft has an analyst consensus of Moderate Buy, with a price target consensus of $122.14.
The company has a one-year high of $116.79 and a one-year low of $67.24. Currently, Bayerische Motoren Werke Aktiengesellschaft has an average volume of 299.
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Bayerische Motoren Werke AG engages in the manufacture and sale of automobiles and motorcycles. It operates through the following business segments: Automotive, Motorcycles, Financial Services, and Other Entities. The Automotive segment develops, manufactures, assembles, and sells cars and off-road vehicles, under the following brands: BMW, MINI, and Rolls-Royce, as well as spare parts and accessories. The Motorcycles segment focuses on the premium segment. The Financial Services segment offers credit financing, leasing and other services to retail customers. The Other Entities segment includes holding and group financing activities. The company was founded on March 6, 1916 and is headquartered in Munich, Germany.