CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks. Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
Open platformOpen platform

NuWays Downgrades Steyr Motors to Hold, Cuts Price Target to EUR 39 From EUR 49

By Public Technologies
  • NuWays downgraded Steyr Motors to Hold from Buy in its November 11 report, citing takeover-related risks.
  • The 12-month price target fell to EUR 39 from EUR 49, matching Red Cat's cash offer.
  • Red Cat's planned delisting and lower expected trading liquidity limit shareholders' ability to realize standalone upside, NuWays said.
  • Regulatory clearances are due by June 30, 2027, beyond the initial December 18, 2026, acceptance deadline, leaving settlement timing uncertain.
  • Both boards unanimously recommend acceptance; B&C has committed to tender its approximately 15% stake.


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. Steyr Motors AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27420) on November 11, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.