Daimler (DAI) Given a €85.00 Price Target at Sanford C. Bernstein

Daimler (ETR:DAI) has been given a €85.00 ($101.19) target price by equities researchers at Sanford C. Bernstein in a research note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 19.92% from the company’s previous close.

Several other equities research analysts have also commented on DAI. Warburg Research set a €74.00 ($88.10) price objective on Daimler and gave the stock a “neutral” rating in a research note on Monday, October 16th. Kepler Capital Markets set a €68.00 ($80.95) price objective on Daimler and gave the stock a “neutral” rating in a research note on Tuesday, October 17th. J P Morgan Chase & Co set a €85.00 ($101.19) price objective on Daimler and gave the stock a “buy” rating in a research note on Monday, October 16th. Barclays set a €70.00 ($83.33) price objective on Daimler and gave the stock a “neutral” rating in a research note on Monday, October 16th. Finally, Independent Research set a €70.00 ($83.33) price objective on Daimler and gave the stock a “neutral” rating in a research note on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of €73.83 ($87.89).

Daimler (ETR DAI) traded down €0.29 ($0.35) during mid-day trading on Wednesday, hitting €70.88 ($84.38). The company’s stock had a trading volume of 1,710,299 shares, compared to its average volume of 3,070,000. Daimler has a 1 year low of €59.01 ($70.25) and a 1 year 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.

Analyst Recommendations for Daimler (ETR:DAI)

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