Daimler AG (DAI) Given Average Recommendation of “Hold” by Analysts

Daimler AG (ETR:DAI) has earned an average rating of “Hold” from the twenty-four analysts that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is €74.64 ($88.85).

A number of analysts have commented on DAI shares. BNP Paribas set a €76.00 ($90.48) price target on shares of Daimler and gave the company a “neutral” rating in a research report on Friday. Credit Suisse Group set a €79.00 ($94.05) price target on shares of Daimler and gave the company a “neutral” rating in a research report on Wednesday, October 18th. JPMorgan Chase & Co. set a €85.00 ($101.19) price target on shares of Daimler and gave the company a “buy” rating in a research report on Friday, January 5th. Warburg Research set a €74.00 ($88.10) price target on shares of Daimler and gave the company a “neutral” rating in a research report on Monday, October 16th. Finally, Macquarie set a €75.00 ($89.29) price target on shares of Daimler and gave the company a “neutral” rating in a research report on Monday, October 23rd.

Shares of Daimler (ETR:DAI) traded up €0.49 ($0.58) during trading on Friday, hitting €75.01 ($89.30). 3,768,230 shares of the company traded hands, compared to its average volume of 2,970,000. Daimler has a one year low of €59.01 ($70.25) and a one year high of €75.28 ($89.62). The company has a market capitalization of $80,250.00 and a PE ratio of 8.48.

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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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