NuWays initiates Ebro Motors with Buy, sets EUR 14.50 price target
Bitget2026/10/12 07:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- NuWays initiated coverage of Ebro EV Motors with a BUY rating, setting a 12-month target price of EUR 14.50.
- Report highlights a Barcelona Zona Franca manufacturing base tied to a joint venture with Chery, providing platforms and electrified powertrains.
- NuWays cited about 2.2% Spanish market share in 9M 2026, driven by SUV launches and early private-buyer, rent-a-car demand.
- Forecast calls for Spanish share rising to about 2.7% by 2030, supported by a 2027 urban BEV launch.
- Valuation assumes 9.9% terminal EBIT margin, 2% perpetual growth, about 10% WACC, factoring expected equity funding dilution.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ebro EV Motors SA published the original content used to generate this news brief via EQS News (Ref. ID: rc_27058) on October 12, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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