Barclays PLC Reiterates “€70.00” Price Target for Daimler AG (DAI)
Daimler AG (ETR:DAI) has been given a €70.00 ($77.78) target price by research analysts at Barclays PLC in a research report issued to clients and investors on Friday. The firm presently has a a “neutral” rating on the stock.
Several other brokerages have also commented on DAI. Commerzbank AG set a €95.00 ($105.56) price target on Daimler AG and gave the company a “buy” rating in a research note on Monday, August 22nd. JPMorgan Chase & Co. set a €96.00 ($106.67) price target on Daimler AG and gave the company a “buy” rating in a research note on Monday, June 20th. BNP Paribas set a €50.00 ($55.56) price target on Daimler AG and gave the company a “sell” rating in a research note on Wednesday, September 28th. Warburg Research set a €88.00 ($97.78) price target on Daimler AG and gave the company a “buy” rating in a research note on Tuesday, July 12th. Finally, Nord/LB restated a “buy” rating on shares of Daimler AG in a research note on Tuesday, September 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have issued a buy rating to the company. Daimler AG has an average rating of “Buy” and a consensus target price of €72.50 ($80.56).
Daimler AG (ETR:DAI) opened at 64.465 on Friday. Daimler AG has a 12 month low of €50.89 and a 12 month high of €85.42. The firm has a 50-day moving average price of €62.63 and a 200-day moving average price of €60.63. The stock has a market cap of €68.96 billion and a price-to-earnings ratio of 8.654.
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About Daimler AG
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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