Daimler AG (DAI) PT Set at €85.00 by J P Morgan Chase & Co
Daimler AG (ETR:DAI) has been given a €85.00 ($96.59) target price by investment analysts at J P Morgan Chase & Co in a report issued on Monday. The brokerage presently has a “buy” rating on the stock.
DAI has been the topic of several other research reports. Berenberg Bank set a €53.00 ($60.23) target price on Daimler AG and gave the stock a “sell” rating in a research report on Wednesday, April 5th. Goldman Sachs Group, Inc. (The) set a €78.00 ($88.64) price target on Daimler AG and gave the stock a “neutral” rating in a report on Tuesday, April 25th. Kepler Capital Markets set a €73.00 ($82.95) target price on Daimler AG and gave the company a “neutral” rating in a research note on Monday, May 8th. Independent Research GmbH set a €73.00 ($82.95) target price on Daimler AG and gave the company a “neutral” rating in a research note on Tuesday, April 11th. Finally, HSBC Holdings plc set a €73.00 ($82.95) target price on Daimler AG and gave the company a “neutral” rating in a research note on Monday, May 22nd. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the stock. Daimler AG presently has an average rating of “Hold” and an average target price of €73.30 ($83.30).
Shares of Daimler AG (ETR:DAI) traded up 0.01% during midday trading on Monday, hitting €63.58. The company had a trading volume of 16,244 shares. The firm has a market capitalization of €68.02 billion and a PE ratio of 6.89. Daimler AG has a 12 month low of €50.88 and a 12 month high of €73.19. The company has a 50-day moving average of €66.12 and a 200 day moving average of €68.56.
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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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