{
}
UBS analyst Patrick Hummel's shift in preference from Mercedes-Benz to BMW has led to a 1.1% rise in BMW's shares, while Mercedes-Benz saw a 1.6% decline. Hummel cites BMW's improved cash flow and attractive yield prospects, contrasting with concerns over Mercedes' investments in electric vehicles and regulatory risks. Barclays also downgraded Mercedes to "Underweight," reflecting a cautious outlook for the automotive sector amid mixed trends.
UBS has upgraded BMW from "Neutral" to "Buy," raising its target price from 75 to 83 euros. Analyst Patrick Hummel highlighted BMW as his top pick among European carmakers, citing rising cash yields, stabilized margins, and a significant valuation discount, while downgrading Mercedes-Benz and Porsche AG.
UBS has downgraded Mercedes-Benz from "buy" to "neutral," reducing its target price from 72 to 55 euros. Analyst Patrick Hummel noted that while the brand maintains an attractive distribution story, automotive margin pressures persist. BMW has emerged as Hummel's new preferred choice.
UBS has reduced its target price for Volkswagen preference shares from 84 to 75 euros, maintaining a "Sell" rating. Analyst Patrick Hummel noted that the company's reorganization will be a lengthy process, with operating profit and cash flow expected to remain under pressure through 2025 and possibly beyond. Optimistic views regarding valuation discounts and cost management are unlikely to yield immediate results.
UBS analyst Patrick Hummel's shift in preference from Mercedes-Benz to BMW has led to a 1.1% rise in BMW shares, while Mercedes-Benz saw a 1.6% decline. Hummel cites better cash flow and yield prospects for BMW, contrasting with concerns over Mercedes' investments in electric vehicles and regulatory risks. Barclays also downgraded Mercedes to "Underweight," reflecting a cautious outlook for the automotive sector.
UBS analyst Patrick Hummel's shift in preference from Mercedes-Benz to BMW has led to a 1.1% rise in BMW shares, while Mercedes-Benz fell by 1.6%. Hummel cites BMW's improved cash flow and yield prospects, while expressing concerns over Mercedes' investments in electric vehicles and regulatory risks. Barclays also downgraded Mercedes to "Underweight," reflecting a cautious outlook for the automotive sector amid mixed trends.
UBS has downgraded Mercedes-Benz from "Buy" to "Neutral," reducing its target price from 72 to 55 euros. Analyst Patrick Hummel noted that while the company still presents an attractive dividend story, ongoing pressure on car margins is a concern. BMW has emerged as his new top favorite.
UBS has downgraded Porsche AG from "Buy" to "Neutral," reducing the target price from 87 to 61 euros. Analyst Patrick Hummel noted that the optimism for 2025 is fading, along with the justifications for the luxury valuation of the company.
UBS has upgraded BMW from "Neutral" to "Buy," increasing its target price from 75 to 83 euros. Analyst Patrick Hummel highlighted BMW as his top pick among European carmakers, citing rising cash yields, stabilized margins, and a significant valuation discount, while downgrading Mercedes-Benz and Porsche AG.
UBS has upgraded BMW from "Neutral" to "Buy," increasing its target price from 75 to 83 euros. Analyst Patrick Hummel highlighted BMW as his top pick among European carmakers, citing rising cash yields, stabilized margins, and a significant valuation discount, while downgrading Mercedes-Benz and Porsche AG.
Patrick Hummel
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs analyst shift boosts bmw shares while mercedes faces downgrades
Volkswagen AG
UBS Group AG
Porsche AG
Mercedes-Benz AG
Barclays PLC
DEU
Henning Cosman
Patrick Hummel
Show more
09:55 03.12.2024
UBS upgrades BMW to buy raises price target to 83 euros
09:54 03.12.2024
ubs downgrades mercedes-benz to neutral and cuts target price to 55 euros
09:32 03.12.2024
UBS cuts Volkswagen target price to 75 euros maintains sell rating
09:05 03.12.2024
ubs shifts focus boosting bmw while downgrading mercedes shares
Volkswagen AG
MERCEDES-BENZ GROUP
Porsche AG
Barclays PLC
DEU
Henning Cosman
Patrick Hummel
Show more
08:55 03.12.2024
ubs analyst shift boosts bmw shares while weighing on mercedes-benz
Volkswagen AG
MERCEDES-BENZ GROUP
Porsche AG
Barclays PLC
DEU
USA
Henning Cosman
Patrick Hummel
Show more
08:55 03.12.2024
UBS downgrades Mercedes-Benz to neutral with target price cut to 55 euros
08:50 03.12.2024
UBS downgrades Porsche AG to neutral with target price cut to 61 euros
08:50 03.12.2024
UBS upgrades BMW to buy with target price raised to 83 euros
08:34 03.12.2024
ubs upgrades bmw to buy raises target price to 83 euros
08:16 03.12.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Supply Chain Management
Stock Market Updates
Private Equity Deals
Government Economic Policies
Industry Mergers & Acquisitions
Fintech Startups
Energy Sector Developments
AI Applications
Funding Rounds & Investments
Venture Capital Investments
AI Innovations
Emerging Startups
Commodities
CEO Changes
Inflation and Monetary Impact
Countries:
Companies:
Apple Inc.
Google Inc.
Tesmec S.p.A.
Amazon.com, Inc.
Microsoft Corporation
Mastercard Inc
NVIDIA Corp
Tesla, Inc.
OpenAI ERC USD
The Goldman Sachs Group, Inc.
Visa Inc.
SWIGGY LIMITED
GLOE Inc.
Mistral 1
S&P 500
Ripple USD USD
NAURA Technology Group Co., Ltd.
OLA ELECTRIC MOBILITY LTD
Microsoft Corp
Micron Technology, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
United Arab Emirates Dirham
British Pound Sterling
Saudi Riyal
New Zealand Dollar
Qatari Riyal
Thai Baht
Vietnamese Đồng
Canadian Dollar
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Brazilian Real
Swiss Franc
Bangladeshi Taka
Kuwaiti Dinar
People: