Citigroup Analysts Give Daimler (DAI) a €76.00 Price Target

Daimler (ETR:DAI) has been given a €76.00 ($90.48) price target by analysts at Citigroup in a research report issued to clients and investors on Monday. The firm presently has a “neutral” rating on the stock. Citigroup’s target price would indicate a potential upside of 2.51% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Sanford C. Bernstein set a €85.00 ($101.19) price objective on Daimler and gave the company a “buy” rating in a report on Wednesday, September 27th. Warburg Research set a €85.00 ($101.19) price objective on Daimler and gave the company a “buy” rating in a report on Monday, September 18th. UBS Group set a €85.00 ($101.19) price objective on Daimler and gave the company a “buy” rating in a report on Friday, October 6th. JPMorgan Chase & Co. set a €85.00 ($101.19) price objective on Daimler and gave the company a “buy” rating in a report on Monday, October 9th. Finally, Goldman Sachs Group set a €81.00 ($96.43) price objective on Daimler and gave the company a “buy” rating in a report on Tuesday, October 17th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of €74.35 ($88.51).

Daimler (ETR DAI) traded down €0.04 ($0.05) during midday trading on Monday, hitting €74.14 ($88.26). The stock had a trading volume of 1,139,926 shares, compared to its average volume of 2,990,000. The firm has a market cap of $79,200.00 and a P/E ratio of 8.38. Daimler has a 12 month low of €59.01 ($70.25) and a 12 month high of €74.71 ($88.94).

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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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