Societe Generale Reiterates “€70.00” Price Target for Daimler AG (DAI)

Daimler AG (ETR:DAI) has been given a €70.00 ($82.35) target price by equities research analysts at Societe Generale in a report released on Thursday, July 27th. The firm presently has a “neutral” rating on the stock.

Several other equities research analysts have also recently weighed in on DAI. BNP Paribas set a €61.00 ($71.76) price target on shares of Daimler AG and gave the company a “sell” rating in a research report on Wednesday, March 29th. Deutsche Bank AG set a €90.00 ($105.88) price target on shares of Daimler AG and gave the company a “buy” rating in a research report on Wednesday, March 29th. Morgan Stanley set a €68.00 ($80.00) price target on shares of Daimler AG and gave the company a “neutral” rating in a research report on Wednesday, March 29th. Kepler Capital Markets set a €72.00 ($84.71) price target on shares of Daimler AG and gave the company a “neutral” rating in a research report on Thursday, March 30th. Finally, Berenberg Bank set a €53.00 ($62.35) target price on shares of Daimler AG and gave the stock a “sell” rating in a research report on Wednesday, April 5th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of €72.50 ($85.29).

Daimler AG (DAI) opened at 60.311 on Thursday. The firm has a market capitalization of €64.52 billion and a P/E ratio of 6.524. Daimler AG has a one year low of €58.04 and a one year high of €73.20. The stock has a 50 day moving average price of €63.14 and a 200 day moving average price of €66.97.

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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.

Analyst Recommendations for Daimler AG (ETR:DAI)

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