Sanford C. Bernstein set a €85.00 ($101.19) price objective on Daimler (ETR:DAI) in a report published on Tuesday, December 26th. The firm currently has a buy rating on the stock.
A number of other analysts have also issued reports on DAI. DZ Bank reissued a neutral rating on shares of Daimler in a research report on Tuesday, August 29th. Jefferies Group set a €51.00 ($60.71) price objective on Daimler and gave the stock a sell rating in a report on Tuesday, August 29th. Berenberg Bank set a €54.00 ($64.29) price target on Daimler and gave the company a sell rating in a report on Thursday, August 31st. Deutsche Bank set a €90.00 ($107.14) price target on Daimler and gave the company a buy rating in a report on Friday, September 1st. Finally, Goldman Sachs Group set a €81.00 ($96.43) price objective on shares of Daimler and gave the stock a buy rating in a research note on Tuesday, September 5th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of €73.96 ($88.04).
Shares of Daimler (DAI) traded down €0.54 ($0.64) on Tuesday, reaching €73.61 ($87.63). 3,319,565 shares of the company were exchanged, compared to its average volume of 3,070,000. Daimler has a 12-month low of €59.01 ($70.25) and a 12-month high of €74.71 ($88.94). The company has a market cap of $78,750.00 and a price-to-earnings ratio of 8.32.
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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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