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UBS has upgraded BMW's stock from Neutral to Buy, raising the price target to €83.00, citing strong financial stability and anticipated cash returns to shareholders. The firm expects a stable automotive EBIT margin of 6.5% and predicts a yield of around 15% through dividends and buybacks, positioning BMW as a top pick in the European automotive sector.
13:54 03.12.2024
Bayerische Motoren Werke AG (BMW AG) focuses on high-end car design, manufacturing, and marketing, with car sales accounting for 77% of its business. In 2023, the company sold 2,554,183 vehicles across its BMW, MINI, and Rolls-Royce brands, alongside motorcycle sales and financing services. The group operates 31 production sites globally, with significant sales in the USA (21.8%), Europe (29.2%), and China (16.1%).
07:16 03.12.2024
Bayerische Motoren Werke AG (BMW AG) focuses on high-end car design, manufacturing, and marketing, with car sales accounting for 77% of its business. In 2023, the company sold 2,554,183 vehicles across its BMW, MINI, and Rolls-Royce brands, alongside motorcycle sales and financing services. The group operates 31 production sites globally, with significant sales in the USA (21.8%) and Europe (29.2%).
08:32 19.11.2024
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