BNP Paribas Analysts Give Daimler (DAI) a €62.00 Price Target

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Daimler (ETR:DAI) received a €62.00 ($72.09) target price from BNP Paribas in a research report issued to clients and investors on Tuesday, October 16th. The brokerage presently has a “neutral” rating on the stock. BNP Paribas’ price objective would suggest a potential upside of 22.14% from the stock’s previous close.

A number of other brokerages also recently commented on DAI. equinet set a €71.00 ($82.56) target price on shares of Daimler and gave the stock a “buy” rating in a research note on Thursday, July 26th. Jefferies Financial Group set a €58.00 ($67.44) target price on shares of Daimler and gave the stock a “neutral” rating in a research note on Thursday, July 5th. Deutsche Bank set a €80.00 ($93.02) target price on shares of Daimler and gave the stock a “buy” rating in a research note on Friday, September 7th. Independent Research set a €65.00 ($75.58) target price on shares of Daimler and gave the stock a “neutral” rating in a research note on Thursday, June 21st. Finally, Sanford C. Bernstein set a €73.00 ($84.88) price target on shares of Daimler and gave the stock a “neutral” rating in a research report on Friday, July 6th. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of €64.78 ($75.33).

DAI stock traded down €0.54 ($0.63) during mid-day trading on Tuesday, reaching €50.76 ($59.02). The company had a trading volume of 3,296,172 shares, compared to its average volume of 4,430,000. Daimler has a 12 month low of €59.01 ($68.62) and a 12 month high of €76.36 ($88.79).

Daimler Company Profile

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.

Further Reading: Outstanding Shares

Analyst Recommendations for Daimler (ETR:DAI)

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