DAI has been the topic of a number of other reports. Morgan Stanley set a €70.00 ($81.40) target price on Daimler and gave the stock a neutral rating in a report on Tuesday, September 11th. Deutsche Bank set a €80.00 ($93.02) target price on Daimler and gave the stock a buy rating in a report on Friday, September 7th. Credit Suisse Group set a €77.00 ($89.53) target price on Daimler and gave the stock a neutral rating in a report on Wednesday, July 18th. Sanford C. Bernstein set a €73.00 ($84.88) target price on Daimler and gave the stock a neutral rating in a report on Monday, September 17th. Finally, Jefferies Financial Group set a €58.00 ($67.44) price target on Daimler and gave the company a neutral rating in a report on Friday, October 5th. Five investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of €63.65 ($74.01).
Shares of ETR DAI traded down €1.40 ($1.63) during mid-day trading on Thursday, reaching €50.49 ($58.71). The company had a trading volume of 6,353,387 shares, compared to its average volume of 4,430,000. Daimler has a 1-year low of €59.01 ($68.62) and a 1-year high of €76.36 ($88.79).
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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