Daimler AG (DDAIF) Lifted to Outperform at Evercore ISI
Daimler AG (NASDAQ:DDAIF) was upgraded by investment analysts at Evercore ISI to an “outperform” rating in a report issued on Friday, The Fly reports.
Separately, Goldman Sachs Group, Inc. (The) upgraded shares of Daimler AG from a “neutral” rating to a “buy” rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. Daimler AG has an average rating of “Hold” and an average target price of $79.00.
Daimler AG (DDAIF) opened at 77.94 on Friday. The stock has a 50 day moving average of $72.03 and a 200 day moving average of $73.38. Daimler AG has a 1-year low of $65.82 and a 1-year high of $78.59. The stock has a market capitalization of $83.38 billion and a P/E ratio of 7.20.
Daimler AG (NASDAQ:DDAIF) last released its quarterly earnings data on Wednesday, July 26th. The company reported $2.51 EPS for the quarter, missing the consensus estimate of $2.88 by $0.37. Daimler AG had a return on equity of 16.72% and a net margin of 6.09%. The business had revenue of $45.23 billion during the quarter, compared to analysts’ expectations of $47.42 billion. On average, analysts expect that Daimler AG will post $10.85 earnings per share for the current year.
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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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