Daimler (DAI) PT Set at €66.00 by Nord/LB
Daimler (ETR:DAI) has been given a €66.00 ($78.57) target price by investment analysts at Nord/LB in a research note issued to investors on Wednesday. The brokerage currently has a “neutral” rating on the stock. Nord/LB’s target price would indicate a potential downside of 4.51% from the company’s current price.
Several other equities analysts have also issued reports on the company. Deutsche Bank set a €90.00 ($107.14) price objective on Daimler and gave the stock a “buy” rating in a report on Friday, September 1st. Berenberg Bank set a €54.00 ($64.29) price objective on Daimler and gave the stock a “sell” rating in a report on Thursday, August 31st. Sanford C. Bernstein set a €85.00 ($101.19) price objective on Daimler and gave the stock a “buy” rating in a report on Thursday, November 9th. Morgan Stanley set a €68.00 ($80.95) price objective on Daimler and gave the stock a “neutral” rating in a report on Tuesday, October 24th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Daimler in a report on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of €74.14 ($88.26).
Daimler (ETR DAI) opened at €69.12 ($82.29) on Wednesday. Daimler has a twelve month low of €59.01 ($70.25) and a twelve month high of €73.62 ($87.64).
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.
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.