Daimler (ETR:DAI) PT Set at €92.00 by JPMorgan Chase & Co.


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Daimler (ETR:DAI) received a €92.00 ($108.24) target price from JPMorgan Chase & Co. in a report released on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 21.61% from the company’s current price.

DAI has been the subject of a number of other reports. Morgan Stanley set a €70.00 ($82.35) price objective on shares of Daimler and gave the stock a “buy” rating in a research report on Friday, February 19th. Oddo Bhf set a €60.00 ($70.59) target price on shares of Daimler and gave the stock a “neutral” rating in a research note on Wednesday, February 3rd. DZ Bank reiterated a “buy” rating on shares of Daimler in a research note on Tuesday, March 23rd. Warburg Research set a €82.00 ($96.47) price objective on shares of Daimler and gave the stock a “buy” rating in a research report on Thursday, February 4th. Finally, Nord/LB set a €64.00 ($75.29) price objective on Daimler and gave the stock a “neutral” rating in a report on Thursday, February 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Daimler currently has an average rating of “Buy” and a consensus target price of €73.35 ($86.30).

Shares of ETR DAI opened at €75.65 ($89.00) on Monday. The company has a current ratio of 1.16, a quick ratio of 0.85 and a debt-to-equity ratio of 234.29. The company has a market capitalization of $80.93 billion and a P/E ratio of 22.41. Daimler has a 12 month low of €26.30 ($30.94) and a 12 month high of €76.85 ($90.41). The stock has a 50 day moving average of €71.94 and a 200-day moving average of €59.40.

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 & Vans, Daimler Trucks and Buses, and Daimler Mobility segments. The Mercedes-Benz Cars segment offers premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ brands; small cars under the smart brand name; and ecosystem of Mercedes-Benz under the Mercedes me brand, as well as vans and related services under the Mercedes-Benz and Freightliner brands.

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Analyst Recommendations for Daimler (ETR:DAI)

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