LONDON, October 27 (newratings.com) – Analyst Robert Heberger of Merck Finck & Co maintains his "buy" rating on BMW (BMW.ETR).
In a research note published this morning, the analyst mentions that BMW has announced its plan to launch the new BMW 3-Series vehicle on March 5 next year, which is a couple of months ahead of expectations. In addition, the company is likely to witness the first full-year impact in 2005 of its new 1-Series, X3, 6-Series and Mini Cabrio vehicles launched this year, Merck Finck & Co says.
In a research note published this morning, the analyst mentions that BMW has announced its plan to launch the new BMW 3-Series vehicle on March 5 next year, which is a couple of months ahead of expectations. In addition, the company is likely to witness the first full-year impact in 2005 of its new 1-Series, X3, 6-Series and Mini Cabrio vehicles launched this year, Merck Finck & Co says.