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Goldman Sachs Stick to Their Hold Rating for Bayerische Motoren Werke Aktiengesellschaft

Published 06/12/2020, 03:02 AM
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Goldman Sachs (NYSE:GS) analyst George Galliers maintained a Hold rating on Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY) on Thursday, setting a price target of EUR64, which is approximately 4.48% below the present share price of $67.

Galliers expects Bayerische Motoren Werke Aktiengesellschaft to post earnings per share (EPS) of $0.00 for the second quarter of 2020.

The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in Bayerische Motoren Werke Aktiengesellschaft, with an average price target of $64.24.
The analysts price targets range from a high of $81.98 to a low of $51.24.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $23.25 billion and a net profit of $1.38 billion. The company's market cap is $41.17 billion.

According to TipRanks.com, Goldman Sachs analyst George Galliers is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -14.0% and a 43.90% success rate.

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 (OTC:RYCEY), 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.

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