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German businesses are struggling amid rising energy prices, decreased demand from China, and a challenging domestic environment. Since the start of 2022, shares in German companies have only increased by 3%, significantly lagging behind the 16% rise in other wealthy nations. CEOs are now increasingly concerned about the potential impact of Donald Trump's return to power.
The European car industry is facing a severe crisis, with major manufacturers like VW, Audi, and Nissan reporting significant profit declines and mass layoffs. The VW Group has seen profits drop over 60% in the third quarter, prompting strict cost-cutting measures, plant closures, and thousands of job cuts across the sector.
Trump's renewed presidency poses significant challenges for Germany, particularly through protectionist trade policies and demands for increased security spending. Experts predict that these measures could lead to a loss of up to 1.4 percentage points in economic growth and jeopardize between 195,000 and 235,000 jobs by 2027. With the U.S. as Germany's largest trading partner, higher tariffs could severely impact the already struggling export industry, intensifying economic uncertainties.
UBS has maintained a "neutral" rating on BMW, setting a target price of €75. Analyst Patrick Hummel expressed disappointment, noting that even the lowest expectations were not met following the quarterly report, and he provided a very negative assessment of the company's cash flow.
UBS has maintained a "Neutral" rating for BMW, setting a target price of 75 euros. Analyst Patrick Hummel noted that even low expectations were not met following the quarterly report, highlighting a very negative assessment of the company's cash flow.
UBS AG has maintained a "Neutral" rating for BMW, setting a target price of 75 euros, despite the company missing low expectations in its quarterly report. Analyst Patrick Hummel expressed concerns over cash flow, leading to a 4.0% drop in BMW's share price to EUR 69.72, reflecting a 26.5% decline since the start of 2024. The next quarterly results are anticipated on November 6, 2024.
BMW shares are currently priced at €67.98, reflecting a decline of €4.48 or 6.18%. UBS AG has issued a neutral analysis on the stock, indicating a cautious outlook for investors.
UBS has maintained a 'Neutral' rating for BMW, setting a target price of 75 euros. Analyst Patrick Hummel expressed disappointment, noting that even low expectations were not met following the quarterly report, particularly highlighting concerns over cash flow.
UBS has maintained a "Neutral" rating for BMW with a target price of 75 euros, citing disappointing cash flow results following the quarterly report. Meanwhile, Triodos Bank's German subsidiary received the German Sustainability Award 2025, and Tradevest plans to acquire Renell Wertpapierhandelsbank. KlöCo narrowly met its Q3 earnings target, while Kontron reported a 70% increase in operating profit, leading to a 13% rise in share price. HypoVereinsbank outperformed Commerzbank in profitability, and Commerzbank managed to cope with interest rate cuts due to a rise in net commission income.
UBS has maintained a 'Neutral' rating for BMW, setting a target price of 75 euros. Analyst Patrick Hummel expressed disappointment, noting that even low expectations were not met following the quarterly report, particularly highlighting concerns over cash flow. As of November 6, BMW's stock price was 68.06 euros, reflecting a decline of 6.28%.
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