Daimler (ETR:DAI) received a €85.00 ($101.19) price objective from investment analysts at UBS Group in a research note issued to investors on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target would suggest a potential upside of 11.96% from the stock’s previous close.
A number of other equities analysts have also recently commented on the stock. Sanford C. Bernstein set a €85.00 ($101.19) target price on shares of Daimler and gave the company a “buy” rating in a report on Thursday, November 9th. Berenberg Bank set a €54.00 ($64.29) target price on shares of Daimler and gave the company a “sell” rating in a report on Monday, November 13th. Morgan Stanley set a €68.00 ($80.95) target price on shares of Daimler and gave the company a “neutral” rating in a report on Tuesday, October 24th. DZ Bank reaffirmed a “neutral” rating on shares of Daimler in a report on Tuesday, November 7th. Finally, Societe Generale set a €78.00 ($92.86) target price on shares of Daimler and gave the company a “buy” rating in a report on Monday, October 23rd. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the stock. Daimler has a consensus rating of “Hold” and a consensus target price of €74.91 ($89.18).
Shares of Daimler (ETR:DAI) opened at €75.92 ($90.38) on Tuesday. The firm has a market cap of $81,220.00 and a P/E ratio of 8.58. Daimler has a 12-month low of €59.01 ($70.25) and a 12-month high of €76.33 ($90.87).
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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