Berenberg Bank Analysts Give Daimler AG (DAI) a €54.00 Price Target
Daimler AG (ETR:DAI) has been given a €54.00 ($64.29) price target by equities research analysts at Berenberg Bank in a research note issued on Thursday. The firm presently has a “sell” rating on the stock.
Other analysts have also issued reports about the company. Sanford C. Bernstein set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a “buy” rating in a report on Monday, June 26th. Deutsche Bank AG set a €90.00 ($107.14) price objective on Daimler AG and gave the stock a “buy” rating in a report on Friday, September 1st. Jefferies Group LLC set a €56.00 ($66.67) price objective on Daimler AG and gave the stock a “sell” rating in a report on Monday, July 3rd. Morgan Stanley set a €68.00 ($80.95) price objective on Daimler AG and gave the stock a “neutral” rating in a report on Tuesday, July 11th. Finally, equinet AG set a €84.00 ($100.00) price objective on Daimler AG and gave the stock a “buy” rating in a report on Friday, July 14th. Two equities 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 stock. Daimler AG presently has an average rating of “Hold” and a consensus price target of €72.09 ($85.82).
Shares of Daimler AG (ETR DAI) traded up 0.893% during midday trading on Thursday, hitting €66.344. The stock had a trading volume of 29,619 shares. Daimler AG has a 12-month low of €59.01 and a 12-month high of €73.20. The company’s 50-day moving average price is €61.70 and its 200-day moving average price is €65.63. The firm has a market cap of €70.97 billion and a price-to-earnings ratio of 7.177.
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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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