HSBC Analysts Give Daimler AG (DAI) a €65.00 Price Target
Daimler AG (ETR:DAI) has been given a €65.00 ($72.22) price objective by equities researchers at HSBC in a research note issued to investors on Friday. The firm presently has a a “neutral” rating on the stock.
DAI has been the topic of a number of other reports. DZ Bank AG reaffirmed a “buy” rating on shares of Daimler AG in a report on Thursday, July 21st. Baader Bank set a €80.00 ($88.89) price objective 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) price objective 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) price objective on shares of Daimler AG and gave the stock a “buy” rating in a report on Wednesday, September 7th. Finally, Kepler Capital Markets reaffirmed a “buy” rating on shares of Daimler AG in a report on Thursday, October 6th. One 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. The company currently has a consensus rating of “Buy” and a consensus target price of €72.92 ($81.02).
Daimler AG (ETR:DAI) opened at 64.372 on Friday. The company’s 50-day moving average is €62.63 and its 200-day moving average is €60.63. Daimler AG has a 52-week low of €50.89 and a 52-week high of €85.42. The company has a market capitalization of €68.87 billion and a price-to-earnings ratio of 8.642.
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/hsbc-analysts-give-daimler-ag-dai-a-65-00-price-target.html
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.
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.