Top of the Street: BMW, Amadeus, SIG

Bayerische Motoren Werke Aktiengesellschaft

16/09/2026 12:23

A round-up of notable broker activity this morning from Europe's top-ranked* analysts:
     
** Berenberg sees room for relief in European auto sector and raises BMW BMWG.DE to "buy" from "hold", citing the German carmaker's restructuring efforts and product launch schedule
** Deutsche Bank upgrades Amadeus AMA.MC to "buy" from "hold", saying the market is mispricing risks AI poses to the Spanish travel tech firm
     
INITIATIONS AND REINSTATEMENTS
** J.P. Morgan starts coverage of Swiss aseptic carton producer SIG Group SIGNC.S at "neutral", citing limited growth in mature markets and intense price competition in less-developed ones, but adding these risks are already reflected in the share price
     
(*Analyst rankings from Thomson Reuters StarMine. The scale is from 1-star to 5-star with 5 being the best. Analysts are ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.)
     

(Reporting by Olivier Cherfan and Joao Manuel Mauricio)
((olivier.cherfan@thomsonreuters.com))