Daimler AG (DAI) Given a €85.00 Price Target by Sanford C. Bernstein Analysts
Daimler AG (ETR:DAI) has been given a €85.00 ($95.51) target price by stock analysts at Sanford C. Bernstein in a report released on Monday. The brokerage presently has a “buy” rating on the stock.
Several other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. reissued a “buy” rating on shares of Daimler AG in a research note on Monday, May 8th. Commerzbank Ag set a €90.00 ($101.12) price target on Daimler AG and gave the stock a “buy” rating in a research note on Thursday, March 23rd. Deutsche Bank AG reissued a “buy” rating on shares of Daimler AG in a research note on Tuesday, March 21st. Berenberg Bank set a €54.00 ($60.67) price target on Daimler AG and gave the stock a “sell” rating in a research note on Thursday, April 27th. Finally, DZ Bank AG reissued a “buy” rating on shares of Daimler AG in a research note on Thursday, April 6th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of €73.15 ($82.19).
Daimler AG (ETR DAI) traded up 0.352% during midday trading on Monday, reaching €65.372. The company’s stock had a trading volume of 8,132 shares. The company has a market capitalization of €69.93 billion and a price-to-earnings ratio of 7.079. Daimler AG has a 1-year low of €50.89 and a 1-year high of €73.20. The company’s 50-day moving average price is €66.65 and its 200-day moving average price is €68.63.
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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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