NuWays Raises Ebro Motors Price Target to EUR 16.50 From EUR 14.50

Bitget2026/10/30 08:00

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NuWays raised Ebro Motors' 12-month price target to EUR 16.50 from EUR 14.50, retaining its Buy rating on October 30, 2026.
The firm increased its 2027 Chery assembly forecast to at least 25,000 vehicles from 6,000.
Annual Chery assembly estimates rose to 50,000 vehicles from 2028, versus 40,000 previously.
EU hybrid import restrictions could accelerate Chery production in Barcelona, improving factory utilization and fixed-cost absorption.

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 Motors Group EV SA published the original content used to generate this news brief via EQS News (Ref. ID: rc_27242) on October 30, 2026, and is solely responsible for the information contained therein.

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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NuWays Raises Ebro Motors Price Target to EUR 16.50 From EUR 14.50

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