Daimler (ETR:DAI) received a €85.00 ($101.19) price target from Sanford C. Bernstein in a research report issued to clients and investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 20.91% from the stock’s previous close.
Several other research analysts have also recently issued reports on the stock. Deutsche Bank set a €90.00 ($107.14) target price on shares of Daimler and gave the stock a “buy” rating in a report on Friday, September 1st. Berenberg Bank set a €54.00 ($64.29) price target on shares of Daimler and gave the company a “sell” rating in a research report on Thursday, August 31st. Morgan Stanley set a €68.00 ($80.95) price target on shares of Daimler and gave the company a “neutral” rating in a research report on Tuesday, October 24th. DZ Bank reissued a “neutral” rating on shares of Daimler in a research report on Tuesday, November 7th. Finally, Societe Generale set a €78.00 ($92.86) price target on shares of Daimler and gave the company a “buy” rating in a research report on Monday, October 23rd. 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. The company presently has an average rating of “Hold” and an average target price of €74.14 ($88.26).
Daimler (ETR:DAI) opened at €70.30 ($83.69) on Wednesday. Daimler has a 1-year low of €59.01 ($70.25) and a 1-year 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.
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