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

Daimler (ETR:DAI) has been assigned a €85.00 ($101.19) target price by equities research analysts at Sanford C. Bernstein in a research note issued on Tuesday. The firm presently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 19.20% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Kepler Capital Markets set a €68.00 ($80.95) target price on Daimler and gave the company a “neutral” rating in a research report on Tuesday, October 17th. UBS Group set a €85.00 ($101.19) target price on Daimler and gave the company a “buy” rating in a research report on Tuesday, September 12th. Warburg Research set a €85.00 ($101.19) price target on Daimler and gave the company a “buy” rating in a research report on Monday, September 11th. Jefferies Group set a €51.00 ($60.71) price target on Daimler and gave the company a “sell” rating in a research report on Tuesday, August 29th. Finally, Barclays set a €70.00 ($83.33) price target on Daimler and gave the company a “neutral” rating in a research report on Friday, September 29th. Two 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 company currently has an average rating of “Hold” and a consensus target price of €73.83 ($87.89).

Daimler (ETR:DAI) remained flat at $€71.31 ($84.89) during trading on Tuesday. Daimler has a 52 week low of €59.01 ($70.25) and a 52 week high of €73.62 ($87.64). The firm has a market capitalization of $76,290.00 and a P/E ratio of 8.06.

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About Daimler

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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