Daimler AG (DDAIF) Receives Average Recommendation of “Hold” from Analysts

Daimler AG (NASDAQ:DDAIF) has received a consensus rating of “Hold” from the seven research firms that are presently covering the company. Three research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company.

Several research firms have issued reports on DDAIF. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Daimler AG in a report on Friday, April 21st. Zacks Investment Research downgraded Daimler AG from a “buy” rating to a “hold” rating in a research note on Thursday, April 20th. Jefferies Group LLC downgraded Daimler AG from a “hold” rating to an “underperform” rating in a research note on Tuesday, April 18th. Finally, Citigroup Inc cut shares of Daimler AG from a “buy” rating to a “neutral” rating in a research report on Wednesday, February 8th.

Shares of Daimler AG (NASDAQ:DDAIF) opened at 74.80 on Friday. The firm has a 50-day moving average price of $73.56 and a 200 day moving average price of $73.31. The firm has a market cap of $80.02 billion and a price-to-earnings ratio of 7.43. Daimler AG has a 12-month low of $56.56 and a 12-month high of $78.21.

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Daimler AG Company Profile

Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.

12 Month Chart for NASDAQ:DDAIF

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