Daimler (ETR:DAI) has been assigned a €74.00 ($88.10) price target by investment analysts at Warburg Research in a report issued on Thursday. The brokerage currently has a “neutral” rating on the stock. Warburg Research’s price target would indicate a potential upside of 9.79% from the stock’s current price.
Other equities research analysts also recently issued research reports about the company. Morgan Stanley reissued a “neutral” rating on shares of Daimler in a research report on Monday, February 12th. equinet set a €80.00 ($95.24) price target on Daimler and gave the stock a “buy” rating in a research report on Monday, March 5th. Sanford C. Bernstein set a €85.00 ($101.19) price target on Daimler and gave the stock a “buy” rating in a research report on Wednesday, January 24th. UBS set a €85.00 ($101.19) price target on Daimler and gave the stock a “buy” rating in a research report on Thursday, February 1st. Finally, JPMorgan Chase set a €85.00 ($101.19) price target on Daimler and gave the stock a “buy” rating in a research report on Monday, March 5th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €75.22 ($89.54).
Shares of ETR:DAI opened at €67.40 ($80.24) on Thursday. Daimler has a 1 year low of €59.01 ($70.25) and a 1 year high of €76.36 ($90.90).
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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