Daimler AG (ETR:DAI) has been given a €70.00 ($81.40) target price by analysts at Societe Generale in a research report issued to clients and investors on Thursday. The firm currently has a “neutral” rating on the stock.
DAI has been the subject of several other research reports. Berenberg Bank set a €53.00 ($61.63) target price on shares of Daimler AG and gave the company a “sell” rating in a report on Wednesday, April 5th. J P Morgan Chase & Co set a €85.00 ($98.84) price objective on shares of Daimler AG and gave the stock a “buy” rating in a report on Wednesday, April 12th. Goldman Sachs Group, Inc. (The) set a €78.00 ($90.70) price objective on shares of Daimler AG and gave the stock a “neutral” rating in a report on Tuesday, April 25th. Kepler Capital Markets set a €73.00 ($84.88) price objective on shares of Daimler AG and gave the stock a “neutral” rating in a report on Monday, May 8th. Finally, Deutsche Bank AG restated a “buy” rating on shares of Daimler AG in a report on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of €73.54 ($85.52).
Shares of Daimler AG (DAI) opened at 59.682 on Thursday. Daimler AG has a one year low of €58.04 and a one year high of €73.20. The company has a market cap of €63.85 billion and a P/E ratio of 6.463. The company’s 50 day moving average is €64.05 and its 200 day moving average is €67.46.
Daimler AG Company Profile
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.
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