started · updated
German firms BMW, Rheinmetall and RWE see mixed stock performance amid market challenges
BMW's share price recovered slightly after hitting a yearly low of €56.72, helped by an HSBC upgrade to “Buy” and a €71 price target. Analysts note that the turnaround hinges on the Chinese market, where demand remains weak.
Rheinmetall’s stock stayed near its 52‑week low despite securing a €1 billion, 15‑year British defence training contract and expanding into space‑based maritime surveillance with Space Norway. Technical indicators show the share is still over‑sold, leaving the outlook uncertain.
RWE’s rally was paused as a court in Münster revisits the Hambach open‑pit mine expropriation case, with a decision expected on 24 July. The legal risk adds volatility to the utility’s valuation.
A policy study by think‑tank Agora argues that delays in German EV incentives have slowed electric‑car market growth, urging stronger government measures to boost adoption.