Daimler (DDAIF) Receives “Sell” Rating from DZ Bank

Daimler (OTCMKTS:DDAIF)‘s stock had its “sell” rating reiterated by research analysts at DZ Bank in a research note issued to investors on Friday.

Other equities analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Daimler from a “sell” rating to a “hold” rating in a research report on Wednesday. HSBC restated a “sell” rating on shares of Daimler in a research report on Friday, November 30th. BNP Paribas upgraded shares of Daimler to a “buy” rating in a research report on Friday, November 16th. Citigroup cut shares of Daimler from a “neutral” rating to a “sell” rating in a research report on Thursday, November 15th. Finally, Sanford C. Bernstein restated a “neutral” rating on shares of Daimler in a research report on Wednesday, November 14th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. Daimler presently has a consensus rating of “Hold” and a consensus price target of $89.00.

OTCMKTS DDAIF opened at $53.00 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.25 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $58.26 billion, a price-to-earnings ratio of 4.77, a price-to-earnings-growth ratio of 2.13 and a beta of 1.43. Daimler has a 12-month low of $52.93 and a 12-month high of $94.41.

Daimler (OTCMKTS:DDAIF) last posted its quarterly earnings data on Thursday, October 25th. The company reported $1.84 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.45). The business had revenue of $46.78 billion during the quarter, compared to the consensus estimate of $44.75 billion. Daimler had a net margin of 5.41% and a return on equity of 14.18%. On average, research analysts forecast that Daimler will post 9.46 EPS for the current fiscal year.

About Daimler

Daimler AG, together its subsidiaries, develops and manufactures 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. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.

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