Daimler (ETR:DAI) has been assigned a €90.00 ($107.14) target price by investment analysts at Deutsche Bank in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 21.36% from the stock’s current price.
A number of other brokerages have also recently weighed in on DAI. DZ Bank reiterated a “neutral” rating on shares of Daimler in a research note on Tuesday, November 7th. JPMorgan Chase & Co. set a €85.00 ($101.19) target price on shares of Daimler and gave the stock a “buy” rating in a research note on Friday, January 5th. Morgan Stanley set a €68.00 ($80.95) target price on shares of Daimler and gave the stock a “neutral” rating in a research note on Wednesday, November 8th. Sanford C. Bernstein set a €85.00 ($101.19) target price on shares of Daimler and gave the stock a “buy” rating in a research note on Thursday, November 9th. Finally, HSBC set a €67.00 ($79.76) target price on shares of Daimler and gave the stock a “neutral” rating in a research note on Thursday, December 14th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of €73.96 ($88.04).
Shares of Daimler (ETR:DAI) opened at €74.16 ($88.29) on Monday. The firm has a market cap of $79,340.00 and a price-to-earnings ratio of 8.38. Daimler has a 52 week low of €59.01 ($70.25) and a 52 week high of €74.71 ($88.94).
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Daimler Company Profile
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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