Daimler (DAI) Given a €84.00 Price Target by Goldman Sachs Group Analysts
Daimler (ETR:DAI) has been given a €84.00 ($100.00) price objective by research analysts at Goldman Sachs Group in a report released on Monday. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s target price would suggest a potential upside of 20.76% from the company’s current price.
Other equities analysts have also issued reports about the stock. Sanford C. Bernstein set a €85.00 ($101.19) price objective on shares of Daimler and gave the company a “buy” rating in a research report on Wednesday, August 16th. Kepler Capital Markets set a €68.00 ($80.95) price objective on shares of Daimler and gave the company a “neutral” rating in a research report on Tuesday, October 17th. Morgan Stanley set a €68.00 ($80.95) price target on shares of Daimler and gave the stock a “neutral” rating in a research report on Wednesday, August 9th. Jefferies Group set a €51.00 ($60.71) price target on shares of Daimler and gave the stock a “sell” rating in a research report on Tuesday, August 29th. Finally, Warburg Research set a €85.00 ($101.19) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Monday, September 11th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of €74.14 ($88.26).
Shares of Daimler (DAI) traded up €1.27 ($1.51) on Monday, hitting €69.56 ($82.81). 2,758,849 shares of the stock traded hands, compared to its average volume of 3,070,000. Daimler has a 52 week low of €59.01 ($70.25) and a 52 week high of €73.62 ($87.64).
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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