Mercedes-Benz Group is trading at €43.99, down -4.76%, as management sought a 38-hour German work week without additional pay amid reported plant-closure warnings.
- Berenberg cut its price target from €56 to €52, retaining a Hold rating.
- Labor dispute and valuation concerns are weighing on sentiment, despite a comparatively constructive broader market backdrop.
- Restructuring costs, competitiveness and potential industrial action on September 21, 2026 are heightening concern.