Norddeutsche Landesbank Maintains a Hold Rating on Bayerische Motoren Werke Aktiengesellschaft (BAMXF)

By Carrie Williams

Norddeutsche Landesbank analyst Frank Schwope maintained a Hold rating on Bayerische Motoren Werke Aktiengesellschaft (BAMXFResearch Report) today and set a price target of $73. The company’s shares opened today at $80, close to its 52-week low of $76.29.

Currently, the analyst consensus on Bayerische Motoren Werke Aktiengesellschaft is a Hold with an average price target of $83.57, a 4.5% upside from current levels. In a report issued on April 24, Bernstein also maintained a Hold rating on the stock with a $85 price target.

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Bayerische Motoren Werke Aktiengesellschaft’s market cap is currently $55.61B and has a P/E ratio of 6.22. The company has a Price to Book ratio of 0.80.

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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.