Warburg Research Reiterates €76.00 Price Target for Daimler AG (DAI)
Daimler AG (ETR:DAI) has been assigned a €76.00 ($84.44) price target by Warburg Research in a report issued on Thursday. The firm presently has a a “buy” rating on the stock.
Several other brokerages have also commented on DAI. equinet AG set a €83.00 ($92.22) price target on Daimler AG and gave the stock a “buy” rating in a research note on Monday, July 4th. Kepler Capital Markets set a €69.00 ($76.67) price target on Daimler AG and gave the stock a “buy” rating in a research note on Monday, July 4th. Bankhaus Lampe set a €65.00 ($72.22) price target on Daimler AG and gave the stock a “buy” rating in a research note on Friday, July 1st. BNP Paribas set a €51.00 ($56.67) price target on Daimler AG and gave the stock a “neutral” rating in a research note on Monday, June 27th. Finally, Oddo Securities set a €84.00 ($93.33) price target on Daimler AG and gave the stock a “buy” rating in a research note on Friday, June 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of €72.25 ($80.28).
Shares of Daimler AG (ETR:DAI) traded down 1.810% on Thursday, reaching €63.103. The company had a trading volume of 22,625 shares. Daimler AG has a 1-year low of €50.89 and a 1-year high of €85.42. The firm has a market capitalization of €67.51 billion and a price-to-earnings ratio of 8.471. The firm has a 50-day moving average price of €62.59 and a 200 day moving average price of €60.61.
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Daimler AG Company Profile
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.
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