Sanford C. Bernstein Analysts Give Daimler AG (DAI) a €85.00 Price Target
Daimler AG (ETR:DAI) has been assigned a €85.00 ($101.19) price target by stock analysts at Sanford C. Bernstein in a research note issued on Wednesday. The brokerage presently has a “buy” rating on the stock.
Several other brokerages have also recently issued reports on DAI. Nord/LB set a €70.00 ($83.33) price target on shares of Daimler AG and gave the company a “buy” rating in a research report on Thursday, July 6th. equinet AG set a €84.00 ($100.00) price target on shares of Daimler AG and gave the company a “buy” rating in a research report on Tuesday, July 4th. Berenberg Bank set a €54.00 ($64.29) price target on shares of Daimler AG and gave the company a “sell” rating in a research report on Tuesday, July 4th. Jefferies Group LLC set a €56.00 ($66.67) price target on shares of Daimler AG and gave the company a “sell” rating in a research report on Monday, July 3rd. Finally, Macquarie set a €72.00 ($85.71) price target on shares of Daimler AG and gave the company a “neutral” rating in a research report on Wednesday, June 28th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the stock. Daimler AG presently has an average rating of “Hold” and a consensus target price of €72.09 ($85.82).
Shares of Daimler AG (ETR:DAI) traded up 0.27% during trading on Wednesday, hitting €66.90. 13,713 shares of the stock were exchanged. The stock has a market cap of €71.57 billion and a P/E ratio of 7.24. The firm’s 50 day moving average price is €62.06 and its 200-day moving average price is €65.54. Daimler AG has a 52 week low of €59.01 and a 52 week high of €73.19.
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About Daimler AG
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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