Daimler AG (DAI) PT Set at €85.00 by UBS AG
Daimler AG (ETR:DAI) has been given a €85.00 ($100.00) target price by investment analysts at UBS AG in a research report issued on Friday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock.
DAI has been the topic of a number of other reports. Sanford C. Bernstein set a €85.00 ($100.00) target price on Daimler AG and gave the stock a “buy” rating in a report on Monday, September 11th. J P Morgan Chase & Co set a €85.00 ($100.00) target price on Daimler AG and gave the stock a “buy” rating in a report on Friday, August 25th. Jefferies Group LLC set a €51.00 ($60.00) target price on Daimler AG and gave the stock a “sell” rating in a report on Tuesday, August 29th. Deutsche Bank AG reiterated a “buy” rating on shares of Daimler AG in a report on Tuesday, July 11th. Finally, Morgan Stanley set a €68.00 ($80.00) target price on Daimler AG and gave the stock 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 issued a buy rating to the company. Daimler AG presently has a consensus rating of “Hold” and an average price target of €72.09 ($84.81).
Shares of Daimler AG (DAI) opened at 68.978 on Friday. The firm has a market capitalization of €73.79 billion and a P/E ratio of 7.462. The stock has a 50 day moving average of €64.47 and a 200-day moving average of €65.29. Daimler AG has a 12-month low of €59.01 and a 12-month high of €73.20.
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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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