Daimler AG (DAI) Given a €85.00 Price Target by Sanford C. Bernstein Analysts
Daimler AG (ETR:DAI) has been assigned a €85.00 ($95.51) target price by investment analysts at Sanford C. Bernstein in a report released on Monday. The firm presently has a “buy” rating on the stock.
A number of other analysts have also recently commented on DAI. equinet AG set a €83.00 ($93.26) price objective on Daimler AG and gave the company a “buy” rating in a research report on Monday, January 30th. HSBC Holdings plc set a €70.00 ($78.65) price objective on Daimler AG and gave the company a “neutral” rating in a research report on Tuesday, January 31st. Macquarie set a €72.00 ($80.90) price objective on Daimler AG and gave the company a “neutral” rating in a research report on Tuesday, January 31st. Goldman Sachs Group Inc set a €81.00 ($91.01) price objective on Daimler AG and gave the company a “neutral” rating in a research report on Tuesday, January 31st. Finally, Nord/LB restated a “buy” rating and issued a price objective on shares of Daimler AG in a research report on Tuesday, January 31st. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of €73.06 ($82.09).
Shares of Daimler AG (ETR:DAI) opened at 65.023 on Monday. The stock has a market capitalization of €69.56 billion and a price-to-earnings ratio of 7.042. Daimler AG has a one year low of €50.89 and a one year high of €73.20. The firm’s 50-day moving average is €67.45 and its 200-day moving average is €68.42.
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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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