Daimler AG (DAI) Given a €65.00 Price Target at HSBC
Daimler AG (ETR:DAI) has been assigned a €65.00 ($72.22) price target by equities researchers at HSBC in a report released on Friday. The brokerage currently has a a “neutral” rating on the stock.
DAI has been the topic of a number of other reports. DZ Bank AG reiterated a “buy” rating on shares of Daimler AG in a report on Thursday, July 21st. 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. equinet AG set a €83.00 ($92.22) target price on shares of Daimler AG and gave the stock a “buy” rating in a report on Tuesday, July 19th. Commerzbank AG set a €95.00 ($105.56) target price on shares of Daimler AG and gave the stock a “buy” rating in a report on Wednesday, September 7th. Finally, Kepler Capital Markets reiterated a “buy” rating on shares of Daimler AG in a report on Thursday, October 6th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the stock. Daimler AG currently has a consensus rating of “Buy” and a consensus target price of €72.92 ($81.02).
Daimler AG (ETR:DAI) opened at 64.257 on Friday. Daimler AG has a one year low of €50.89 and a one year high of €85.42. The firm has a market cap of €68.74 billion and a price-to-earnings ratio of 8.626. The firm has a 50 day moving average of €62.63 and a 200-day moving average of €60.63.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/14/daimler-ag-dai-given-a-65-00-price-target-at-hsbc.html
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.
Receive News & Ratings for Daimler AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler AG and related companies with MarketBeat.com's FREE daily email newsletter.