BMW: UBS still a buyer after results
(CercleFinance.com) - UBS reiterates its 'buy' recommendation on BMW Group shares, with a target price maintained at E87, which gives the stock 6% upside potential, following the German carmaker's publication of its annual results last Friday.
More aggressive share buybacks should be announced in May after the Shareholders AGM, the broker predicts, which also sees moderate EPS reductions on the basis of lower automotive EBIT targets.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.