Bernstein Keeps Their Buy Rating on Aumovio SE (AMV0)

Bernstein reiterated its Buy rating on Aumovio SE in a research note released October 9. Analyst Harry Martin kept a €54.00 price target after the company’s shares closed last Friday at €34.05. According to TipRanks, Martin ranks #9,970 out of 12,450 analysts. UBS analyst Patrick Hummel also issued a Buy on October 9. The stock has seen mixed guidance: on October 5, Jefferies maintained a Hold rating. For the quarter ended June 30, Aumovio SE reported revenue of €4.24 billion and a GAAP net loss of €440 million, versus €4.74 billion revenue and a €19 million net profit the prior year. Insider activity involving eight insiders appeared positive, with more buying than earlier this year.