Daimler AG (DDAIF) Receives Average Recommendation of “Hold” from Brokerages
Shares of Daimler AG (NASDAQ:DDAIF) have earned a consensus rating of “Hold” from the eight analysts that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company.
Several equities analysts have recently weighed in on DDAIF shares. Goldman Sachs Group, Inc. (The) upgraded shares of Daimler AG from a “neutral” rating to a “buy” rating in a report on Wednesday, September 6th. Evercore ISI upgraded shares of Daimler AG to an “outperform” rating in a report on Friday, September 8th. Bryan, Garnier & Co started coverage on shares of Daimler AG in a report on Monday, September 25th. They set a “buy” rating on the stock. Finally, Credit Suisse Group started coverage on shares of Daimler AG in a report on Wednesday, October 18th. They set a “neutral” rating on the stock.
Shares of Daimler AG (NASDAQ DDAIF) opened at 81.86 on Thursday. The company has a 50 day moving average of $79.71 and a 200-day moving average of $74.70. The company has a market cap of $87.57 billion and a PE ratio of 7.37. Daimler AG has a 52-week low of $65.82 and a 52-week high of $81.96.
Daimler AG (NASDAQ:DDAIF) last released its earnings results on Friday, October 20th. The company reported $2.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.65 by ($0.27). The firm had revenue of $47.94 billion during the quarter. Daimler AG had a net margin of 6.09% and a return on equity of 16.72%. Analysts forecast that Daimler AG will post $10.66 EPS for the current fiscal year.
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About Daimler AG
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.
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