Other equities analysts also recently issued reports about the company. Morgan Stanley set a €68.00 ($83.95) price target on Daimler and gave the stock a neutral rating in a research note on Wednesday, November 8th. Sanford C. Bernstein set a €85.00 ($104.94) target price on Daimler and gave the stock a buy rating in a report on Monday, November 27th. Deutsche Bank set a €90.00 ($111.11) price target on Daimler and gave the stock a buy rating in a research report on Monday, January 8th. Berenberg Bank set a €54.00 ($66.67) price target on Daimler and gave the stock a sell rating in a research report on Wednesday, January 31st. Finally, Warburg Research set a €75.00 ($92.59) target price on Daimler and gave the company a neutral rating in a research report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have issued a buy rating to the stock. Daimler presently has an average rating of Hold and an average price target of €77.35 ($95.49).
Shares of Daimler (DAI) traded down €0.21 ($0.26) during trading hours on Tuesday, hitting €67.50 ($83.33). The stock had a trading volume of 3,390,347 shares, compared to its average volume of 4,540,000. Daimler has a 12-month low of €59.01 ($72.85) and a 12-month high of €76.36 ($94.27). The company has a market cap of $72,210.00 and a price-to-earnings ratio of 6.86.
Daimler AG, together its subsidiaries, develops and manufactures 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. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
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