BMW: RBC cuts target price to EUR 62 from EUR 84

RBC Capital Markets has revised its target price for BMW shares to EUR 62 from EUR 84, reflecting a significant downward adjustment in its valuation outlook for the German automaker. The move follows a reassessment of market conditions and the company's strategic direction, according to the firm's latest analysis. The new target price implies a potential downside for investors who had previously held the higher valuation expectations. The adjustment comes amid ongoing challenges in the automotive sector, including shifting consumer preferences and regulatory pressures. BMW has been navigating these dynamics through its investment in electric vehicles and digital transformation initiatives. However, RBC's revised target suggests that the firm believes current valuations may not fully account for near-term risks or execution uncertainties. Investors are advised to closely monitor BMW's upcoming earnings reports and strategic updates for further clarity on its path forward. The stock closed at EUR 72.50 on July 15, 2026.