Daimler AG (ETR:DAI) received a €84.00 ($98.82) price target from research analysts at equinet AG in a research report issued on Wednesday, July 26th. The firm presently has a “buy” rating on the stock.
A number of other research analysts also recently weighed in on the stock. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Daimler AG in a research report on Monday, May 8th. Sanford C. Bernstein set a €85.00 ($100.00) target price on shares of Daimler AG and gave the company a “buy” rating in a research report on Monday, June 26th. Jefferies Group LLC set a €56.00 ($65.88) target price on shares of Daimler AG and gave the company a “sell” rating in a research report on Monday, July 3rd. Berenberg Bank set a €54.00 ($63.53) price target on shares of Daimler AG and gave the company a “sell” rating in a research note on Thursday, April 27th. Finally, DZ Bank AG reiterated a “buy” rating on shares of Daimler AG in a research note on Thursday, April 6th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company. Daimler AG has an average rating of “Hold” and a consensus target price of €72.72 ($85.55).
Shares of Daimler AG (ETR DAI) opened at 60.62 on Wednesday. The company has a 50 day moving average of €63.78 and a 200 day moving average of €67.25. Daimler AG has a 1-year low of €58.03 and a 1-year high of €73.19. The firm has a market cap of €64.85 billion and a price-to-earnings ratio of 6.56.
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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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