Daimler AG (NASDAQ:DDAIF) Given Average Rating of “Hold” by Brokerages
Shares of Daimler AG (NASDAQ:DDAIF) have been given an average rating of “Hold” by the six ratings firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company.
Several analysts have recently weighed in on DDAIF shares. Jefferies Group LLC downgraded shares of Daimler AG from a “hold” rating to an “underperform” rating in a report on Tuesday, April 18th. 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, Sanford C. Bernstein reiterated a “buy” rating on shares of Daimler AG in a research note on Friday, April 21st.
Daimler AG (DDAIF) traded up 0.24% during trading on Friday, reaching $72.14. 5,165 shares of the company’s stock traded hands. The company has a 50 day moving average price of $73.92 and a 200-day moving average price of $74.02. The company has a market cap of $77.18 billion and a PE ratio of 7.01. Daimler AG has a 12-month low of $56.56 and a 12-month high of $78.21.
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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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