Daimler AG (ETR:DAI) has been assigned a €85.00 ($100.00) price objective by Sanford C. Bernstein in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the stock.
A number of other research firms have also recently weighed in on DAI. Commerzbank Ag set a €90.00 ($105.88) price objective on shares of Daimler AG and gave the stock a “buy” rating in a report on Wednesday, April 26th. Kepler Capital Markets set a €72.00 ($84.71) target price on shares of Daimler AG and gave the company a “neutral” rating in a research note on Wednesday, April 12th. Warburg Research set a €85.00 ($100.00) target price on shares of Daimler AG and gave the company a “buy” rating in a research note on Tuesday, July 25th. Independent Research GmbH set a €67.00 ($78.82) target price on shares of Daimler AG and gave the company a “neutral” rating in a research note on Wednesday, July 26th. Finally, Barclays PLC set a €68.00 ($80.00) target price on shares of Daimler AG and gave the company a “neutral” rating in a research note on Wednesday, April 12th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €72.50 ($85.29).
Daimler AG (ETR:DAI) opened at 60.145 on Wednesday. The firm has a market capitalization of €64.34 billion and a price-to-earnings ratio of 6.506. Daimler AG has a 52 week low of €59.01 and a 52 week high of €73.20. The stock’s 50 day moving average is €63.07 and its 200-day moving average is €66.90.
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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.
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