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.
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.
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