Daimler AG (NASDAQ:DDAIF) Rating Increased to Outperform at Evercore ISI

Evercore ISI upgraded shares of Daimler AG (NASDAQ:DDAIF) to an outperform rating in a report released on Friday, September 8th, The Fly reports.

Separately, Goldman Sachs Group, Inc. (The) upgraded Daimler AG from a neutral rating to a buy rating in a research note on Wednesday, September 6th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $79.00.

Daimler AG (DDAIF) opened at 79.44 on Friday. The firm’s 50-day moving average is $73.38 and its 200-day moving average is $73.64. Daimler AG has a 12 month low of $65.82 and a 12 month high of $79.54. The stock has a market capitalization of $84.98 billion and a P/E ratio of 7.18.

Daimler AG (NASDAQ:DDAIF) last released its earnings results on Wednesday, July 26th. The company reported $2.51 earnings per share for the quarter, missing the consensus estimate of $2.88 by ($0.37). Daimler AG had a return on equity of 16.72% and a net margin of 6.09%. The business had revenue of $45.23 billion for the quarter, compared to the consensus estimate of $47.42 billion. On average, equities analysts expect that Daimler AG will post $10.85 earnings per share for the current fiscal year.

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About Daimler AG

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.

The Fly

Analyst Recommendations for Daimler AG (NASDAQ:DDAIF)

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