Daimler AG (ETR:DAI) has received a consensus rating of “Hold” from the twenty-four research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is €71.61 ($84.25).

A number of brokerages have weighed in on DAI. Sanford C. Bernstein set a €85.00 ($100.00) target price on Daimler AG and gave the company a “buy” rating in a research report on Monday. Morgan Stanley set a €68.00 ($80.00) target price on Daimler AG and gave the company a “neutral” rating in a research report on Wednesday, August 9th. Barclays PLC set a €70.00 ($82.35) target price on Daimler AG and gave the company a “neutral” rating in a research report on Friday, September 29th. UBS AG set a €85.00 ($100.00) target price on Daimler AG and gave the company a “buy” rating in a research report on Friday, October 6th. Finally, J P Morgan Chase & Co set a €85.00 ($100.00) target price on Daimler AG and gave the company a “buy” rating in a research report on Monday.

ILLEGAL ACTIVITY NOTICE: “Daimler AG (DAI) Receives Consensus Recommendation of “Hold” from Brokerages” was posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/10/11/daimler-ag-dai-receives-consensus-recommendation-of-hold-from-brokerages.html.

Shares of Daimler AG (ETR DAI) traded up 0.325% on Wednesday, reaching €68.191. The company had a trading volume of 10,239 shares. Daimler AG has a 12 month low of €59.01 and a 12 month high of €73.20. The firm has a market capitalization of €72.95 billion and a PE ratio of 7.377. The firm’s 50 day moving average is €65.13 and its 200 day moving average is €65.17.

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.

Analyst Recommendations for Daimler AG (ETR:DAI)

Receive News & Ratings for Daimler AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler AG and related companies with MarketBeat.com's FREE daily email newsletter.