Morgan Stanley Analysts Give Daimler AG (DAI) a €65.00 Price Target
Daimler AG (ETR:DAI) received a €65.00 ($72.22) price objective from equities researchers at Morgan Stanley in a research note issued on Monday. The brokerage currently has a a “neutral” rating on the stock.
A number of other analysts also recently weighed in on the stock. Citigroup Inc. restated a “buy” rating on shares of Daimler AG in a report on Tuesday, July 12th. BNP Paribas set a €50.00 ($55.56) target price on shares of Daimler AG and gave the stock a “sell” rating in a report on Friday, July 29th. Oddo Securities set a €84.00 ($93.33) target price on shares of Daimler AG and gave the stock a “buy” rating in a report on Friday, June 24th. JPMorgan Chase & Co. set a €75.00 ($83.33) target price on shares of Daimler AG and gave the stock a “buy” rating in a report on Monday, July 25th. Finally, Baader Bank set a €80.00 ($88.89) target price on shares of Daimler AG and gave the stock a “buy” rating in a report on Tuesday, July 5th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of €72.75 ($80.83).
Daimler AG (ETR:DAI) traded up 1.360% during trading on Monday, reaching €64.835. 30,552 shares of the company were exchanged. The stock has a market capitalization of €69.36 billion and a P/E ratio of 8.704. Daimler AG has a 1-year low of €50.89 and a 1-year high of €85.42. The company’s 50-day moving average price is €62.37 and its 200-day moving average price is €60.74.
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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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