BMW has been given a "neutral" rating by UBS, with a target price of €75. The company's quarterly report did not meet even the lowest expectations, leading to disappointment from analyst Patrick Hummel.
He specifically highlighted concerns about BMW's cash flow. This assessment reflects UBS's cautious stance on BMW's financial performance and comes at a time when the company is facing challenges in meeting market expectations.
The report was published on November 6, 2024, at 07:05 GMT.