Daimler AG (DDAIF) Receives Consensus Rating of “Hold” from Analysts
Shares of Daimler AG (NASDAQ:DDAIF) have received a consensus recommendation of “Hold” from the eight brokerages that are covering the company. Three investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company.
A number of equities analysts have issued reports on the stock. Sanford C. Bernstein reissued a “buy” rating on shares of Daimler AG in a research report on Friday, April 21st. Citigroup Inc cut shares of Daimler AG from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 8th. Zacks Investment Research cut shares of Daimler AG from a “buy” rating to a “hold” rating in a research note on Tuesday, April 4th. Finally, Jefferies Group LLC cut shares of Daimler AG from a “hold” rating to an “underperform” rating in a research note on Tuesday, April 18th.
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Shares of Daimler AG (NASDAQ:DDAIF) traded up 0.24% during mid-day trading on Tuesday, reaching $76.05. 10,926 shares of the company traded hands. Daimler AG has a 52 week low of $56.56 and a 52 week high of $78.21. The firm has a market capitalization of $81.36 billion and a price-to-earnings ratio of 7.55. The firm has a 50-day moving average price of $73.56 and a 200 day moving average price of $72.99.
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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