UBS has given BMW a "Neutral" rating with a target price of 75 euros.
Analyst Patrick Hummel expressed disappointment, stating that BMW's quarterly performance fell short of even the low expectations. He also raised concerns about BMW's cash flow, which he assessed as very negative based on the latest quarterly report.
UBS's analysis of major automotive players reflects the challenges faced by the industry due to fluctuating market conditions. The report, published on November 6, 2024, provides a critical evaluation of BMW's financial health in the current economic landscape.