In a report issued on May 3, Alexandre Raverdy from Kepler Capital downgraded Bayerische Motoren Werke Aktiengesellschaft (BAMXF) to Sell, with a price target of EUR76.00. The company’s shares closed last Monday at $99.89, close to its 52-week high of $108.04.
According to TipRanks.com, Raverdy is a 1-star analyst with an average return of -2.5% and a 55.6% success rate. Raverdy covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Stellantis, and Daimler.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bayerische Motoren Werke Aktiengesellschaft with a $115.38 average price target.
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The company has a one-year high of $108.04 and a one-year low of $50.00. Currently, Bayerische Motoren Werke Aktiengesellschaft has an average volume of 1,008.
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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.
