Bayerische Motoren Werke AG Given Hold Rating at Landesbank Baden-Wuerttemberg (BMW)

Landesbank Baden-Wuerttemberg reissued their hold rating on shares of Bayerische Motoren Werke AG (ETR: BMW) in a report released on Friday, AnalystRatingsNetwork.com reports. Landesbank Baden-Wuerttemberg currently has a €70.00 ($90.91) target price on the stock.

Bayerische Motoren Werke AG (ETR: BMW) traded up 1.69% on Friday, hitting €66.776. Bayerische Motoren Werke AG has a 1-year low of €53.18 and a 1-year high of €76.142. The stock’s 50-day moving average is currently €59.49.

A number of other firms have also recently commented on BMW. Analysts at Baader Bank reiterated a buy rating on shares of Bayerische Motoren Werke AG in a research note to investors on Wednesday, April 17th. They now have a €75.00 ($97.40) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an outperform rating on shares of Bayerische Motoren Werke AG in a research note to investors on Tuesday, April 16th. They now have a €90.00 ($116.88) price target on the stock. Finally, analysts at AlphaValue reiterated an add rating on shares of Bayerische Motoren Werke AG in a research note to investors on Thursday, April 11th. They now have a €103.90 ($134.93) price target on the stock.

Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the company. Bayerische Motoren Werke AG currently has an average rating of Buy and an average price target of €77.31 ($100.40).

BMW AG is a Germany-based holding company and automobile manufacturer that focuses on the worldwide automobile and motorcycle markets.