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Analysts Offer Insights on Consumer Goods Companies: Ferrari (RACE) and Bayerische Motoren Werke Aktiengesellschaft (OtherBAMXF)

Analysts fell to the sidelines weighing in on Ferrari (RACEResearch Report) and Bayerische Motoren Werke Aktiengesellschaft (BAMXFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Ferrari (RACE)

Kepler Capital analyst Carola Holtz upgraded Ferrari to Hold on July 8 and set a price target of EUR185.00. The company’s shares closed last Friday at $193.63.

According to TipRanks.com, Holtz ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.5% and a 34.7% success rate. Holtz covers the Consumer Goods sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Hermes International, and Mercedes-Benz Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ferrari with a $222.91 average price target, a 16.4% upside from current levels. In a report issued on July 4, Jefferies also upgraded the stock to Hold with a $180.00 price target.

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Bayerische Motoren Werke Aktiengesellschaft (BAMXF)

Kepler Capital analyst Michael Raab maintained a Hold rating on Bayerische Motoren Werke Aktiengesellschaft on July 8 and set a price target of EUR78.00. The company’s shares closed last Friday at $77.90.

Raab has an average return of 19.3% when recommending Bayerische Motoren Werke Aktiengesellschaft.

According to TipRanks.com, Raab is ranked #2093 out of 7924 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bayerische Motoren Werke Aktiengesellschaft with a $102.52 average price target, implying a 31.6% upside from current levels. In a report issued on June 27, J.P. Morgan also maintained a Hold rating on the stock with a EUR90.00 price target.

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