Published • loading... • Updated
BMW Stock Gets a Boost From Berenberg While Stellantis Takes a Hit
TLDR Berenberg upgraded BMW to Buy, raising its price target to €75 from €69, citing restructuring progress and a stronger earnings base. BMW trades at around 6x earnings, well below the auto industry average of 13.9x, and is down 34.7% year to date. Stellantis was downgraded to Hold, with its...
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
(Teleborsa) - Sitting in a sharp drop for Stellantis, Italian-French giant of the automotive, who suffers the downgrade to "Hold" from "Buy" by Berenberg, who also cut the target price to 5,10 euros for...
Berenberg classifies BMW from "Hold" to "Buy" and raises the price target to 75 euros. On the stock exchange, however, the purchase recommendation is puffed up.
BMW Stock Gets a Boost From Berenberg While Stellantis Takes a Hit
TLDR Berenberg upgraded BMW to Buy, raising its price target to €75 from €69, citing restructuring progress and a stronger earnings base. BMW trades at around 6x earnings, well below the auto industry average of 13.9x, and is down 34.7% year to date. Stellantis was downgraded to Hold, with its...
Coverage Details
Total News Sources4
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
