Daimler AG (DDAIF) Given Average Rating of “Hold” by Brokerages
Shares of Daimler AG (OTCMKTS:DDAIF) have been assigned a consensus rating of “Hold” from the nine analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company.
A number of brokerages have recently issued reports on DDAIF. Credit Suisse Group assumed coverage on shares of Daimler AG in a research report on Wednesday, October 18th. They issued a “neutral” rating on the stock. Bryan, Garnier & Co assumed coverage on shares of Daimler AG in a research note on Monday, September 25th. They issued a “buy” rating for the company. Evercore ISI upgraded shares of Daimler AG to an “outperform” rating in a research note on Friday, September 8th. Zacks Investment Research lowered shares of Daimler AG from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of Daimler AG from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 6th.
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Shares of Daimler AG (OTCMKTS:DDAIF) opened at $81.43 on Monday. The company has a current ratio of 1.24, a quick ratio of 0.93 and a debt-to-equity ratio of 1.22. Daimler AG has a 1 year low of $65.82 and a 1 year high of $85.45. The company has a market cap of $87,113.82, a P/E ratio of 8.34, a P/E/G ratio of 2.66 and a beta of 1.63.
Daimler AG (OTCMKTS:DDAIF) last issued its quarterly earnings results on Friday, October 20th. The company reported $2.38 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.65 by ($0.27). The firm had revenue of $47.94 billion during the quarter. Daimler AG had a return on equity of 16.10% and a net margin of 5.84%. analysts predict that Daimler AG will post 10.92 earnings per share for the current year.
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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