Berenberg Bank analyst Romain Gourvil upgraded Bayerische Motoren Werke Aktiengesellschaft (BAMXF – Research Report) to a Buy yesterday and set a price target of €92.00. The company’s shares closed yesterday at $79.65.
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Gourvil covers the Consumer Cyclical sector, focusing on stocks such as Mercedes-Benz Group, Bayerische Motoren Werke Aktiengesellschaft, and Stellantis. According to TipRanks, Gourvil has an average return of -4.2% and a 37.89% success rate on recommended stocks.
In addition to Berenberg Bank, Bayerische Motoren Werke Aktiengesellschaft also received a Buy from UBS’s Patrick Hummel in a report issued yesterday. However, on January 14, Kepler Capital maintained a Sell rating on Bayerische Motoren Werke Aktiengesellschaft (Other OTC: BAMXF).
The company has a one-year high of $125.50 and a one-year low of $68.86. Currently, Bayerische Motoren Werke Aktiengesellschaft has an average volume of 5,532.
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Bayerische Motoren Werke Aktiengesellschaft (BAMXF) Company Description:
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.