Daimler AG (DAI) Given a €65.00 Price Target by Morgan Stanley Analysts
Daimler AG (ETR:DAI) has been given a €65.00 ($72.22) price objective by investment analysts at Morgan Stanley in a research report issued on Monday. The brokerage currently has a a “neutral” rating on the stock.
Several other research analysts have also recently issued reports on the stock. Baader Bank set a €80.00 ($88.89) price target on shares of Daimler AG and gave the stock a “buy” rating in a report on Monday, June 20th. Warburg Research set a €88.00 ($97.78) price target on shares of Daimler AG and gave the stock a “buy” rating in a report on Monday, June 20th. JPMorgan Chase & Co. set a €96.00 ($106.67) price target on shares of Daimler AG and gave the stock a “buy” rating in a report on Monday, June 20th. Oddo Securities set a €84.00 ($93.33) price target on shares of Daimler AG and gave the stock a “buy” rating in a report on Friday, June 24th. Finally, Goldman Sachs Group Inc. set a €83.00 ($92.22) price target on shares of Daimler AG and gave the stock a “buy” rating in a report on Thursday, June 23rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the stock. Daimler AG currently has a consensus rating of “Buy” and an average price target of €72.75 ($80.83).
Daimler AG (ETR:DAI) opened at 64.835 on Monday. Daimler AG has a one year low of €50.89 and a one year high of €85.42. The stock’s 50 day moving average price is €62.37 and its 200 day moving average price is €60.74. The firm has a market capitalization of €69.36 billion and a PE ratio of 8.704.
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About Daimler AG
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand.
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