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).
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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.
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