Morgan Stanley set a €68.00 ($80.95) price objective on Daimler (ETR:DAI) in a research note published on Thursday morning. The firm currently has a neutral rating on the stock.
DAI has been the topic of a number of other reports. Independent Research set a €71.00 ($84.52) price target on Daimler and gave the stock a neutral rating in a research note on Monday, October 23rd. Sanford C. Bernstein set a €85.00 ($101.19) price target on Daimler and gave the stock a buy rating in a research note on Tuesday, December 26th. Macquarie set a €72.00 ($85.71) price target on Daimler and gave the stock a neutral rating in a research note on Thursday, September 14th. S&P Global set a €70.00 ($83.33) price target on Daimler and gave the stock a neutral rating in a research note on Thursday. Finally, JPMorgan Chase & Co. set a €85.00 ($101.19) price target on Daimler and gave the stock a buy rating in a research note on Monday, October 9th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €73.96 ($88.04).
Shares of Daimler (ETR DAI) opened at €74.18 ($88.31) on Thursday. The company has a market capitalization of $79,360.00 and a P/E ratio of 8.38. Daimler has a 12-month low of €59.01 ($70.25) and a 12-month high of €74.71 ($88.94).
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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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