Daimler AG (DAI) Given a €81.00 Price Target at Goldman Sachs Group Inc
Daimler AG (ETR:DAI) has been assigned a €81.00 ($91.01) target price by research analysts at Goldman Sachs Group Inc in a research note issued on Wednesday. The firm currently has a “neutral” rating on the stock.
Several other analysts have also weighed in on the stock. Sanford C. Bernstein set a €85.00 ($95.51) price objective on shares of Daimler AG and gave the stock a “buy” rating in a report on Tuesday. Deutsche Bank AG set a €90.00 ($101.12) price objective on shares of Daimler AG and gave the stock a “buy” rating in a report on Tuesday. HSBC Holdings plc set a €73.00 ($82.02) price target on shares of Daimler AG and gave the company a “neutral” rating in a report on Monday. JPMorgan Chase & Co. reissued a “buy” rating on shares of Daimler AG in a report on Monday, May 8th. Finally, Kepler Capital Markets set a €73.00 ($82.02) price target on shares of Daimler AG and gave the company a “neutral” rating in a report on Monday, May 8th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €73.06 ($82.09).
Shares of Daimler AG (ETR:DAI) traded down 1.747% during trading on Wednesday, reaching €65.633. The company had a trading volume of 72,294 shares. The company has a market cap of €70.21 billion and a P/E ratio of 7.108. Daimler AG has a 12-month low of €50.89 and a 12-month high of €73.20. The firm has a 50-day moving average of €67.56 and a 200-day moving average of €68.46.
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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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