Warburg Research Reiterates €57.00 Price Target for Daimler (DAI)

Posted by Chris Copeland on Feb 14th, 2019 // No Comments

Warburg Research set a €57.00 ($66.28) price objective on Daimler (ETR:DAI) in a research note released on Monday morning. The brokerage currently has a neutral rating on the stock.

DAI has been the topic of a number of other research reports. equinet set a €64.00 ($74.42) price target on shares of Daimler and gave the stock a buy rating in a report on Monday, October 15th. DZ Bank reissued a sell rating on shares of Daimler in a report on Friday, December 7th. Commerzbank set a €50.00 ($58.14) price target on shares of Daimler and gave the stock a sell rating in a report on Monday, October 22nd. BNP Paribas set a €62.00 ($72.09) price target on shares of Daimler and gave the stock a neutral rating in a report on Tuesday, October 16th. Finally, UBS Group set a €54.00 ($62.79) price target on shares of Daimler and gave the stock a neutral rating in a report on Wednesday, January 9th. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. Daimler has an average rating of Hold and an average target price of €59.68 ($69.40).

Shares of Daimler stock opened at €50.22 ($58.40) on Monday. Daimler has a 12-month low of €59.01 ($68.62) and a 12-month high of €76.36 ($88.79).

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.