Daimler (DAI) Given a €85.00 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €85.00 ($104.94) target price on Daimler (ETR:DAI) in a research note published on Thursday morning. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also commented on the stock. Deutsche Bank set a €90.00 ($111.11) price objective on shares of Daimler and gave the stock a buy rating in a report on Wednesday. DZ Bank reissued a neutral rating on shares of Daimler in a report on Tuesday. Morgan Stanley reissued a neutral rating on shares of Daimler in a report on Monday. Barclays set a €82.00 ($101.23) price objective on shares of Daimler and gave the stock a neutral rating in a report on Thursday, February 8th. Finally, Credit Suisse Group set a €82.00 ($101.23) price objective on shares of Daimler and gave the stock a neutral rating in a report on Tuesday, February 6th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the company. Daimler presently has an average rating of Hold and an average price target of €76.30 ($94.20).

Shares of Daimler (ETR:DAI) traded up €0.57 ($0.70) during trading hours on Thursday, reaching €72.50 ($89.51). 4,810,000 shares of the company’s stock were exchanged, compared to its average volume of 4,080,000. Daimler has a 12-month low of €59.01 ($72.85) and a 12-month high of €76.36 ($94.27). The company has a market cap of $77,560.00 and a price-to-earnings ratio of 7.37.

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About Daimler

Daimler AG, through its subsidiaries, engages in the development, production, and distribution of 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.

Analyst Recommendations for Daimler (ETR:DAI)

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