Bayerische Motoren Werke is a holding company, engaged in the development, manufacture and sale of cars and motorcycles. Co. owns three brands: BMW, MINI and Rolls-Royce. Co.'s BMW automobile range encompasses the 1 Series, including coupe and convertible models; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, including sedan and touring models; the 6 Series, including coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models. Co. also provides cars under the MINI brand and motorcycles under the BMW brand. The Rolls-Royce brand provides three cars, Phantom, Coupe and Ghost.
  • TickerBMW
  • ISINDE0005190003
  • SectorAutomobiles & Parts
  • CountryGermany

Analysts

Anis Zgaya ...
  • Christophe-Raphaël Ganet
  • François Maury
  • Georges Dieng
  • Jean-François Granjon
  • Khaled Ben Amor

ODDO BHF Small & MIDCAP MORNING NEWS - 12/06/2019

Hornbach Holding, a leading DIY and garden centre operator in Germany and Europe, has the qualities of a well-managed family business with tremendous resilience. Thanks to all-organic growth and an omni-channel (online and offline) strategy, the group still has untapped potential. We are maintaining our Buy recommendation on the stock and lifting our target price to € 66 from € 62. - ...

Alexandre Iatrides ...
  • Christophe-Raphaël Ganet
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Martial Descoutures
  • Oussema Denguir

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 12/06/2019

...

Alexandre Iatrides ...
  • Christophe-Raphaël Ganet
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Martial Descoutures
  • Oussema Denguir

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 06/12/2019

...

François Maury ...
  • Georges Dieng

ODDO : Top 5 car market Europe: towards a stable market in 2019 (+0.1%e)

>An increase of 3.7% in November, i.e. -0.2% YTD - Car registrations for the Top 5 Europe (> 70% of EU+EFTA volumes) were up 3.7% in November (on an October 2018 base down 7.3% in November) and are almost stable YTD (-0.2%). All of the markets were up or virtually stable: Germany (+9.7%), Spain (+2.3%), Italy (+2.2%) and France (+0.7%) barring the UK (-1.3%). For 2019, we are forecasting an increase in the German (+3.8%) and French markets (+0.5%), a stabil...

François Maury ...
  • Georges Dieng

ODDO : Marché VP Top 5 Europe : vers un marché stable en 2019 (+0.1%e)

>Hausse de 3.7% en novembre soit -0.2% YTD - Les immatriculations sur le Top 5 (> 70% des volumes EU+EFTA) sont en hausse de 3.7% en novembre (sur une base en retrait de 7.3% en novembre 2018) et sont quasi-stables YTD (-0.2%). Tous les marchés sont en hausse ou quasi-stables : Allemagne (+9.7%), Espagne (+2.3%), Italie (+2.2%) et France (+0.7%) à l’exception du RU (-1.3%). Pour 2019, nous anticipons une hausse des marchés allemand (+3.8%) et français (+0.5...

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 22/11/2019 - Exor- EN

TP ICAP - Europe - Morning CreditUpdate 22/11/2019 - Exor- EN

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 22/11/2019 - Exor - FR

Exor (Achat) : Prévoit de maintenir un levier (LTV) prudent de moins 20% Eramet (Conserver) : Rachat partiel de €226m d’obligations 2020 Sanofi : Considère plusieurs options concernant son activité de médicaments sans ordonnance SoftBank (Conserver) : En pourparlers pour obtenir un financement jusqu’à JPY300 mds (~$2,8 mds) Fiat Chrysler Automobiles (Achat) : Rappel d’environ 700.000 véhicules SUV dans le monde Volkswagen (Achat), BMW (Conserver) et Daimler (Conserver) : Condamnés à €100m d'amendes Aryzta (Vente) - S1-19/20 : Ventes de €844...

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 07/11/2019 - UniCredit - EN

TP ICAP - Europe - Morning CreditUpdate 07/11/2019 - UniCredit - EN

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 07/11/2019 - UniCredit - FR

UniCredit (Achat) : RN de €4,3mds sur les 9M-19 (versus €2,2mds un an avant), amélioration de la qualité d’actifs Generali (Achat) - 9M-19 : RN en hausse de +17% à €2,2mds ING (Achat): Emission d'un nouveau titre Tier 2  11NC6 AXA (Achat) - 9M-19 : CA de €79,7 mds (+5%) Coty (Achat) - T1-2019/20 : Résultat opérationnel de $155m (+10%) ArcelorMittal (Achat) - 9M-19 :  EBITDA de $4,3 mds (-48,6%) CNH Industrial (Achat) - 9M-19 :  EBIT de $1,5 md (-6,3%) Wirecard (Achat) - 9M-19 : EBITDA de €553m (+38,4%)

Bayerische Motoren Werke Aktiengesellschaft: Key Facts and Statistics - FYE December 2017

A summary company profile, detailing Bayerische Motoren Werke Aktiengesellschaft’s business operations and financial highlights.

Anis Zgaya ...
  • Christophe-Raphaël Ganet
  • François Maury
  • Georges Dieng
  • Jean-François Granjon
  • Khaled Ben Amor

ODDO BHF Small & MIDCAP MORNING NEWS - 12/06/2019

Hornbach Holding, a leading DIY and garden centre operator in Germany and Europe, has the qualities of a well-managed family business with tremendous resilience. Thanks to all-organic growth and an omni-channel (online and offline) strategy, the group still has untapped potential. We are maintaining our Buy recommendation on the stock and lifting our target price to € 66 from € 62. - ...

Alexandre Iatrides ...
  • Christophe-Raphaël Ganet
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Martial Descoutures
  • Oussema Denguir

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 12/06/2019

...

Alexandre Iatrides ...
  • Christophe-Raphaël Ganet
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Martial Descoutures
  • Oussema Denguir

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 06/12/2019

...

François Maury ...
  • Georges Dieng

ODDO : Top 5 car market Europe: towards a stable market in 2019 (+0.1%e)

>An increase of 3.7% in November, i.e. -0.2% YTD - Car registrations for the Top 5 Europe (> 70% of EU+EFTA volumes) were up 3.7% in November (on an October 2018 base down 7.3% in November) and are almost stable YTD (-0.2%). All of the markets were up or virtually stable: Germany (+9.7%), Spain (+2.3%), Italy (+2.2%) and France (+0.7%) barring the UK (-1.3%). For 2019, we are forecasting an increase in the German (+3.8%) and French markets (+0.5%), a stabil...

François Maury ...
  • Georges Dieng

ODDO : Marché VP Top 5 Europe : vers un marché stable en 2019 (+0.1%e)

>Hausse de 3.7% en novembre soit -0.2% YTD - Les immatriculations sur le Top 5 (> 70% des volumes EU+EFTA) sont en hausse de 3.7% en novembre (sur une base en retrait de 7.3% en novembre 2018) et sont quasi-stables YTD (-0.2%). Tous les marchés sont en hausse ou quasi-stables : Allemagne (+9.7%), Espagne (+2.3%), Italie (+2.2%) et France (+0.7%) à l’exception du RU (-1.3%). Pour 2019, nous anticipons une hausse des marchés allemand (+3.8%) et français (+0.5...

1 director bought

A director at Bayerische Motoren Werke Ag bought 1,999 shares at 73.030EUR and the significance rating of the trade was 65/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The ...

Alain William ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Benoit Valleaux
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Laurence Hofmann
  • Louis Boujard, CFA
  • Philippe Ourpatian
  • Roland Pfaender,MBA,CFA,CCRA
  • Stephane Houri
  • Sven Edelfelt
  • Sylvain Goyon, CFA
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/07/2019

While, since the creation of the banking union, Germany has steadfastly opposed the idea of setting up a common scheme to guarantee savers’ deposits, the article published in the Financial Times on Wednesday 6 November by the German finance minister has come as a bombshell. There is still a long way to go, but this statement responds to a real need for capital market unification and investors want to believe in this scenario. At the sector level, our analysts believe that it will rela...

Alain William ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Benoit Valleaux
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Laurence Hofmann
  • Louis Boujard, CFA
  • Philippe Ourpatian
  • Roland Pfaender,MBA,CFA,CCRA
  • Stephane Houri
  • Sven Edelfelt
  • Sylvain Goyon, CFA
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 07/11/2019

Alors que l’Allemagne s’est opposée depuis la création de l’Union Bancaire à la création d’un fonds de garantie des dépôts au niveau européen, l’article publié dans le FT du ministre allemand des finances a fait l’effet d’une « bombe ». Il y a loin encore de la coupe aux lèvres, mais cette déclaration répond à un vrai besoin d’unification des marchés de capitaux et les investisseurs veulent y croire. Sur le plan sectoriel, nos analystes pensent qu’elle relancera les scénarios de conso...

Ahmed Ben Salem ...
  • Alain William
  • Alfred Glaser
  • Anis Zgaya
  • Baptiste Lebacq
  • Benoit Valleaux
  • Delphine Brault
  • Emira Sagaama
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Khaled Ben Amor
  • Louis Boujard, CFA
  • Matthias Desmarais
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 08/02/2019

...

Ahmed Ben Salem ...
  • Alain William
  • Alfred Glaser
  • Anis Zgaya
  • Baptiste Lebacq
  • Benoit Valleaux
  • Delphine Brault
  • Emira Sagaama
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Khaled Ben Amor
  • Louis Boujard, CFA
  • Matthias Desmarais
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 02/08/2019

...

Bruno Cavalier ...
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Roland Pfaender,MBA,CFA,CCRA
  • Sylvain Goyon, CFA

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/08/2019

...

Ng Adrian

Bayerische Motoren Werke Aktiengesellschaft

BMW AG. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of BMW AG. (DE), a company active in the Automobiles industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 13, 2019, the closing price was EUR 65.30 and its potential was estimated at EUR 70.05.

PSA Automakers and Blockchain: What Can Blockchain Do for OEMs?

Analyst Julie Boote thinks blockchain will be a boon for assemblers; and that Toyota’s go-it-alone stance presents advantages.

Expert Corporate Governance Service (ECGS)

BMW - AGM 16 May 2019

Item 2: The Boards propose a dividend of EUR 3.50/ordinary share and of EUR 3.52 per preference share. The dividend is not covered by free cash flow for a third consecutive year. We therefore consider a dividend payment inappropriate at this time and recommend to oppose the dividend proposal. Item 4:  We voice our concerns that the Supervisory Board has failed to again table the Management Board members remuneration system for shareholder approval. This despite the fact that it had received a very low approval level (79%) which shows significant investor concerns. Item 6.1: We recommend oppo...

BMW – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS) ...
  • Jehanne Leroy

Proxy Report - 17/05/2018

Item 5: KPMG, Berlin, is proposed as auditor for the current financial year. The ratio of non-audit/audit fees slightly exceeds our guidelines and in addition we note that KPMG has audited the Company since more than 30 years (no exact starting date provided by the Company) which significantly exceeds our maximum acceptable term of office of 10 years or 20 years in cases where an audit tender has taken place after the initialengagement period. We therefore recommend opposing the re-election of KPMG as auditor. Item 6.4: We recommend opposing the re-election of Prof. Köcher due to our concerns...

Matthieu DRIOL

Analyse court terme - BMW : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 76,40 € prochainement. Le prochain objectif est à 72,25 €, puis 67,50 €. Le franchissement de 86,74 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - BMW : The background trend is clearly bearish.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at €76.40. The next target is at €72.25, then €67.50. Passing €86.74 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - BMW : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 76,40 € prochainement. Le prochain objectif est à 72,25 €, puis 67,50 €. Le franchissement de 86,74 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - BMW : The background trend is clearly bearish.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at €76.40. The next target is at €72.25, then €67.50. Passing €86.74 would question the continuation of the fall.

Matthieu DRIOL

Medium term view - BMW : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €74.46, then €66.23. Passing €93.29 would question the continuation of the fall.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch