Independent Research GmbH Analysts Give Daimler AG (DAI) a €70.00 Price Target

Independent Research GmbH set a €70.00 ($82.35) target price on Daimler AG (ETR:DAI) in a research note published on Monday, October 16th. The brokerage currently has a neutral rating on the stock.

A number of other research analysts also recently weighed in on DAI. Sanford C. Bernstein set a €85.00 ($100.00) price target on Daimler AG and gave the company a buy rating in a report on Monday, June 19th. Macquarie set a €72.00 ($84.71) price target on Daimler AG and gave the company a neutral rating in a report on Wednesday, June 28th. Jefferies Group LLC set a €56.00 ($65.88) price objective on Daimler AG and gave the company a sell rating in a research report on Monday, July 3rd. equinet AG set a €84.00 ($98.82) price objective on Daimler AG and gave the company a buy rating in a research report on Tuesday, July 4th. Finally, Berenberg Bank set a €54.00 ($63.53) price objective on Daimler AG and gave the company a sell rating in a research report on Tuesday, July 4th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of Hold and an average target price of €73.61 ($86.60).

Daimler AG (ETR:DAI) opened at 69.846 on Monday. The firm has a market cap of €74.72 billion and a P/E ratio of 7.556. Daimler AG has a one year low of €59.01 and a one year high of €73.20. The company has a 50-day moving average of €67.10 and a 200 day moving average of €65.14.

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About Daimler AG

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 AG (ETR:DAI)

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