Daimler AG (ETR:DAI) has been assigned a €85.00 ($100.00) price objective by analysts at J P Morgan Chase & Co in a report issued on Friday. The brokerage presently has a “buy” rating on the stock.
DAI has been the subject of a number of other reports. Kepler Capital Markets set a €73.00 ($85.88) target price on Daimler AG and gave the company a “neutral” rating in a research note on Monday, May 8th. Deutsche Bank AG restated a “buy” rating on shares of Daimler AG in a research note on Tuesday, July 11th. Morgan Stanley set a €68.00 ($80.00) target price on Daimler AG and gave the company a “neutral” rating in a research note on Monday, July 17th. Berenberg Bank set a €54.00 ($63.53) target price on Daimler AG and gave the company a “sell” rating in a research note on Tuesday, July 4th. Finally, HSBC Holdings plc set a €73.00 ($85.88) target price on Daimler AG and gave the company a “neutral” rating in a research note on Friday, July 14th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the stock. Daimler AG currently has a consensus rating of “Hold” and an average price target of €72.50 ($85.29).
Daimler AG (ETR DAI) opened at 62.507 on Friday. The stock has a market capitalization of €66.87 billion and a PE ratio of 6.762. The company’s 50-day moving average price is €61.62 and its 200 day moving average price is €66.10. Daimler AG has a 12 month low of €59.01 and a 12 month high of €73.20.
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Daimler AG Company Profile
Daimler AG, through its subsidiaries, engages in the development, production, and distribution of passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services segments.
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