Morgan Stanley Reiterates “€68.00” Price Target for Daimler AG (DAI)
Daimler AG (ETR:DAI) has been given a €68.00 ($80.00) price objective by equities research analysts at Morgan Stanley in a research report issued on Tuesday. The firm presently has a “neutral” rating on the stock.
A number of other equities analysts have also recently commented on the company. Kepler Capital Markets set a €68.00 ($80.00) price target on Daimler AG and gave the stock a “neutral” rating in a research note on Tuesday. Deutsche Bank AG set a €90.00 ($105.88) target price on Daimler AG and gave the company a “buy” rating in a research note on Tuesday. Goldman Sachs Group, Inc. (The) set a €81.00 ($95.29) target price on Daimler AG and gave the company a “buy” rating in a research note on Tuesday. Barclays PLC set a €70.00 ($82.35) target price on Daimler AG and gave the company a “neutral” rating in a research note on Monday. Finally, Warburg Research set a €74.00 ($87.06) target price on Daimler AG and gave the company a “neutral” rating in a research note on Monday. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €71.65 ($84.30).
Daimler AG (ETR:DAI) opened at 68.903 on Tuesday. Daimler AG has a 12-month low of €59.01 and a 12-month high of €73.20. The company has a market capitalization of €73.71 billion and a PE ratio of 7.454. The firm’s 50 day moving average price is €65.81 and its 200-day moving average price is €65.09.
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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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