Deutsche Bank set a €60.00 ($69.77) price objective on Daimler (ETR:DAI) in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities analysts have also issued research reports about the company. Nord/LB set a €48.00 ($55.81) price target on Daimler and gave the company a neutral rating in a research note on Monday, June 24th. Oddo Bhf set a GBX 1,170 ($15.29) price target on easyJet and gave the company a neutral rating in a research note on Monday, May 20th. Jefferies Financial Group reaffirmed a buy rating on shares of Extended Stay America in a research note on Tuesday, July 2nd. Kepler Capital Markets reaffirmed a hold rating on shares of Continental in a research note on Friday, June 28th. Finally, Barclays raised WPP from an equal weight rating to an overweight rating in a research note on Monday, April 29th. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the stock. Daimler presently has an average rating of Hold and a consensus price target of €55.58 ($64.63).
Shares of DAI opened at €45.38 ($52.77) on Monday. The company has a quick ratio of 0.85, a current ratio of 1.23 and a debt-to-equity ratio of 228.26. Daimler has a 12-month low of €44.51 ($51.76) and a 12-month high of €60.00 ($69.77). The firm has a market capitalization of $48.55 billion and a price-to-earnings ratio of 6.87. The firm’s fifty day moving average price is €47.87.
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 divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.
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