Shares of Daimler AG (ETR:DAI) have been given an average rating of “Hold” by the twenty-four research firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is €72.50 ($85.29).
A number of research analysts have weighed in on DAI shares. Warburg Research set a €85.00 ($100.00) price target on shares of Daimler AG and gave the company a “buy” rating in a research report on Tuesday, July 25th. Independent Research GmbH set a €67.00 ($78.82) price target on shares of Daimler AG and gave the company a “neutral” rating in a research report on Wednesday, July 26th. Sanford C. Bernstein set a €85.00 ($100.00) target price on shares of Daimler AG and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Deutsche Bank AG set a €90.00 ($105.88) target price on shares of Daimler AG and gave the stock a “buy” rating in a research report on Thursday, July 27th. Finally, Nord/LB set a €66.00 ($77.65) target price on shares of Daimler AG and gave the stock a “neutral” rating in a research report on Friday, July 14th.
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Shares of Daimler AG (ETR DAI) traded up 0.90% during trading on Tuesday, reaching €62.29. 25,284 shares of the company traded hands. The firm’s 50 day moving average price is €61.62 and its 200-day moving average price is €66.10. Daimler AG has a 52 week low of €59.01 and a 52 week high of €73.19. The company has a market capitalization of €66.64 billion and a price-to-earnings ratio of 6.74.
About Daimler AG
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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