ubs maintains neutral rating for bmw with target price of 75 euros

UBS has given BMW a 'Neutral' rating and a target price of 75 euros. Analyst Patrick Hummel expressed disappointment with the company's quarterly report, stating that it did not meet even low expectations. He also raised concerns about BMW's cash flow, indicating a negative outlook.

BMW's stock experienced a significant decline, closing at 68.06 euros, down 4.56 euros or 6.28% from the previous day. The stock has traded between a high of 115.35 euros and a low of 63.55 euros over the year. Similar downward trends were observed on trading platforms, with prices fluctuating around 67.44 euros on Tradegate and 68.04 euros on Xetra, reflecting a broader market reaction to the latest financial disclosures.

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