Societe Generale Analysts Give Daimler AG (DAI) a €70.00 Price Target
Daimler AG (ETR:DAI) received a €70.00 ($81.40) price objective from Societe Generale in a research note issued on Thursday. The firm presently has a “neutral” rating on the stock.
DAI has been the subject of several other reports. Sanford C. Bernstein set a €85.00 ($98.84) price objective on shares of Daimler AG and gave the company a “buy” rating in a research report on Thursday, April 6th. Goldman Sachs Group, Inc. (The) set a €81.00 ($94.19) price objective on shares of Daimler AG and gave the company a “neutral” rating in a research report on Wednesday, May 24th. Nord/LB set a €78.00 ($90.70) price objective on shares of Daimler AG and gave the company a “buy” rating in a research report on Wednesday, April 26th. DZ Bank AG reaffirmed a “buy” rating on shares of Daimler AG in a research report on Thursday, April 6th. Finally, Deutsche Bank AG set a €90.00 ($104.65) price objective on shares of Daimler AG and gave the company a “buy” rating in a research report on Thursday, April 27th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €73.54 ($85.52).
Shares of Daimler AG (ETR:DAI) traded down 0.582% during mid-day trading on Thursday, hitting €60.149. 49,326 shares of the stock were exchanged. The firm has a market cap of €64.35 billion and a price-to-earnings ratio of 6.514. Daimler AG has a 52-week low of €58.04 and a 52-week high of €73.20. The stock has a 50-day moving average price of €64.36 and a 200 day moving average price of €67.59.
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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