NuWays AG Updates Recommendation for Borussia Dortmund GmbH & Co KGaA to 'Buy'

NuWays AG has updated its recommendation for Borussia Dortmund GmbH & Co KGaA, issuing a 'Buy' rating with a target price of €5.50 over the next 12 months. Analyst Philipp Sennewald has projected this outlook, citing various factors that could influence the team’s financial and competitive performance.

The UEFA Champions League draw sees BVB facing strong opponents like Real Madrid and FC Barcelona, but also teams considered more manageable. Matches against Sturm Graz, Dinamo Zagreb, and Shakhtar Donetsk are expected to be favorable for BVB. With 15 points projected from eight matches, BVB could advance to the round of 16 under the new UCL format.

Additionally, Borussia Dortmund has started the Bundesliga season positively. With a win against Frankfurt and a draw against Bremen, the team is likely to compete for a top-four finish, potentially securing another UCL spot next season. The estimated target price remains unchanged at €5.50, based on DCF analysis.