BMW (ETR:BMW3) was Upgraded by Equity Analysts at Norddeutsche Landesbank to a Buy Rating with EUR 90.00 TP

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London BMW ETR:BMW3

BMW (ETR:BMW3) Rating Change

BMW (ETR:BMW3)’s stock was boosted to Buy by stock analysts at Norddeutsche Landesbank, who have a TP of EUR 90.00 on BMW3. Norddeutsche Landesbank’s target is 18.73 % from BMW3’s last price.

In spite of the firm’s rating upgrade ETR:BMW3 is now trading -0.88% lower at EUR 65.28 as of 19:59 Frankfurt time. BMW shares have declined -6.9% over the last 200 days, while the S&P 500 has gained 2.61% during the same time period.

ETR:BMW3 Price Chart & Trend

The stock price of BMW has decreased 6.9% over the last 200 days, and is in unsteady down trend. In the last 50 and 100 days, BMW is up 0.4% and down 1.83%, respectively. Our stocks momentum model is shown on the price chart below. BMW (ETR:BMW3) was Upgraded by Equity Analysts at Norddeutsche Landesbank to a Buy Rating with EUR 90.00 TP

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

BMW3 Stock Chart

BMW (ETR:BMW3) Profile

Bayerische Motoren Werke AG is a German holding company and automobile manufacturer that focuses on the automobile and motorcycle markets. It divides its activities into the three main segments: Automobiles, Motorcycles and Financial Services. It owns three brands: BMW, MINI and Rolls-Royce.

BMW (ETR:BMW3) traded down -0.88% on 13 October, hitting EUR 65.28. A total of 53,838 shares of the company’s stock traded hands. This is up from average of 49,812 shares. BMW has a 52 week low of EUR 56.40 and a 52 week high of EUR 80. The company has a market cap of 49.52 billion EUR and a P/E ratio of 6.41.

Get the latest BMW (ETR:BMW3) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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