Daimler AG (DAI) Receives Consensus Recommendation of “Hold” from Analysts

Daimler AG (ETR:DAI) has earned a consensus recommendation of “Hold” from the twenty-three ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is €74.00 ($88.10).

Several research analysts have recently issued reports on the company. DZ Bank reaffirmed a “neutral” rating on shares of Daimler in a research report on Tuesday, November 7th. Morgan Stanley set a €68.00 ($80.95) price objective on Daimler and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Sanford C. Bernstein set a €85.00 ($101.19) price objective on Daimler and gave the stock a “buy” rating in a research report on Thursday, November 9th. Berenberg Bank set a €54.00 ($64.29) price objective on Daimler and gave the stock a “sell” rating in a research report on Monday, November 13th. Finally, UBS set a €85.00 ($101.19) price objective on Daimler and gave the stock a “buy” rating in a research report on Monday.

Daimler (DAI) traded down €0.61 ($0.73) during trading hours on Thursday, hitting €69.52 ($82.76). The stock had a trading volume of 3,737,442 shares, compared to its average volume of 3,100,000. Daimler has a twelve month low of €59.01 ($70.25) and a twelve month high of €73.62 ($87.64).

ILLEGAL ACTIVITY NOTICE: “Daimler AG (DAI) Receives Consensus Recommendation of “Hold” from Analysts” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/11/30/daimler-ag-dai-receives-consensus-recommendation-of-hold-from-analysts.html.

Daimler 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.

Analyst Recommendations for Daimler (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.

Leave a Reply