Deutsche Bank AG set a €90.00 ($104.65) target price on Daimler AG (ETR:DAI) in a research note issued to investors on Thursday. The firm currently has a buy rating on the stock.
Other equities research analysts also recently issued reports about the stock. equinet AG set a €83.00 ($96.51) price target on shares of Daimler AG and gave the company a buy rating in a report on Monday, April 10th. Warburg Research set a €85.00 ($98.84) price target on shares of Daimler AG and gave the company a buy rating in a report on Monday, April 10th. Sanford C. Bernstein set a €85.00 ($98.84) price target on shares of Daimler AG and gave the company a buy rating in a report on Thursday, April 6th. DZ Bank AG reissued a buy rating on shares of Daimler AG in a report on Thursday, April 6th. Finally, J P Morgan Chase & Co set a €85.00 ($98.84) price target on shares of Daimler AG and gave the company a buy rating in a report on Wednesday, April 12th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €73.54 ($85.52).
Daimler AG (ETR DAI) traded down 0.776% during trading on Thursday, reaching €59.682. 43,334 shares of the company’s stock traded hands. Daimler AG has a 12 month low of €58.04 and a 12 month high of €73.20. The company has a 50-day moving average of €64.05 and a 200 day moving average of €67.46. The stock has a market capitalization of €63.85 billion and a P/E ratio of 6.463.
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About Daimler AG
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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