Daimler AG (DAI) PT Set at €69.00 by Independent Research GmbH
Daimler AG (ETR:DAI) has been assigned a €69.00 ($82.14) target price by analysts at Independent Research GmbH in a report released on Friday. The brokerage presently has a “neutral” rating on the stock.
DAI has been the subject of several other research reports. Sanford C. Bernstein set a €85.00 ($101.19) price target on Daimler AG and gave the company a “buy” rating in a report on Monday. J P Morgan Chase & Co set a €85.00 ($101.19) price target on Daimler AG and gave the company a “buy” rating in a report on Friday, August 25th. Jefferies Group LLC set a €51.00 ($60.71) price target on Daimler AG and gave the company a “sell” rating in a report on Tuesday, August 29th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Daimler AG in a report on Tuesday, July 11th. Finally, Morgan Stanley set a €68.00 ($80.95) price target on Daimler AG and gave the company a “neutral” rating in a report on Monday, July 17th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of €72.09 ($85.82).
Shares of Daimler AG (ETR DAI) opened at 65.607 on Friday. Daimler AG has a one year low of €59.01 and a one year high of €73.20. The company has a market capitalization of €70.19 billion and a P/E ratio of 7.097. The stock has a 50 day moving average price of €61.55 and a 200-day moving average price of €65.62.
Daimler AG Company Profile
Daimler AG, through its subsidiaries, engages in the development, production, and distribution of passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services segments.
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