ANALYSIS FLASH: Barclays lowers BMW to ‘Underweight’ and target to 92.50 euros

LONDON (dpa-AFX Broker) – The British investment bank Barclays has downgraded BMW from “Equal Weight” to “Underweight” and lowered the price target from 107.50 to 92.50 euros. In his study available on Thursday, analyst Henning Cosman wrote about the “fear of price normalization.” The signals for the operating profit margin in the second half of the year, which were significantly lower than the first, supported the thesis of a peak in prices and profitability. Contrary to the market consensus, Cosman does not expect an increase in margins for 2024 and 2025./ag/zb

Publication of the original study: September 13, 2023 / 2:38 p.m. / GMT

First distribution of the original study: September 13, 2023 / 3:45 p.m. / GMT

———————-

dpa-AFX Broker – the trader news from dpa-AFX

———————-

Selected leverage products on BMW AG

With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the lever you want and we will show you suitable open-end products on BMW AG

ttn-28