Bayerische Motoren Werke AG’s “Outperform” Rating Reaffirmed at Sanford C. Bernstein (BMW)

Sanford C. Bernstein reaffirmed their outperform rating on shares of Bayerische Motoren Werke AG (ETR: BMW) in a research note issued to investors on Friday, StockRatingsNetwork.com reports.

Bayerische Motoren Werke AG (ETR: BMW) opened at 73.081 on Friday. Bayerische Motoren Werke AG has a 52-week low of €53.18 and a 52-week high of €76.142. The stock’s 50-day moving average is currently €59.49.

Several other analysts have also recently commented on the stock. Analysts at Barclays Capital reiterated an overweight rating on shares of Bayerische Motoren Werke AG in a research note to investors on Wednesday, May 8th. They now have a €80.00 ($103.90) price target on the stock. Separately, analysts at Societe Generale reiterated a buy rating on shares of Bayerische Motoren Werke AG in a research note to investors on Friday, May 3rd. They now have a €83.00 ($107.79) price target on the stock. Finally, analysts at Nord/LB reiterated a sell rating on shares of Bayerische Motoren Werke AG in a research note to investors on Thursday, May 2nd. They now have a €61.00 ($79.22) price target on the stock.

Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and fifteen have given a buy rating to the stock. Bayerische Motoren Werke AG currently has a consensus rating of Buy and an average target price of €76.53 ($99.39).

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