Daimler AG (DAI) Receives Average Recommendation of “Hold” from Analysts

Shares of Daimler AG (ETR:DAI) have been given a consensus rating of “Hold” by the twenty-four ratings firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is €76.23 ($94.11).

Several research firms recently weighed in on DAI. Morgan Stanley restated a “neutral” rating on shares of Daimler in a research report on Monday. DZ Bank restated a “neutral” rating on shares of Daimler in a research report on Tuesday. Kepler Capital Markets set a €68.00 ($83.95) price target on shares of Daimler and gave the stock a “neutral” rating in a research report on Tuesday, October 17th. Sanford C. Bernstein set a €85.00 ($104.94) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Wednesday, January 24th. Finally, UBS Group set a €85.00 ($104.94) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Thursday, February 1st.

Daimler (ETR:DAI) traded down €0.35 ($0.43) on Tuesday, hitting €70.62 ($87.19). 2,810,000 shares of the company traded hands, compared to its average volume of 4,040,000. Daimler has a 52-week low of €59.01 ($72.85) and a 52-week high of €76.36 ($94.27). The firm has a market cap of $75,550.00 and a P/E ratio of 7.98.

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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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