Daimler (ETR:DAI) has been given a €72.00 ($88.89) target price by Morgan Stanley in a research note issued on Tuesday. The brokerage presently has a “neutral” rating on the stock. Morgan Stanley’s price target points to a potential upside of 9.49% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the company. equinet set a €80.00 ($98.77) price objective on Daimler and gave the company a “buy” rating in a research note on Monday, March 5th. Sanford C. Bernstein set a €85.00 ($104.94) price objective on Daimler and gave the company a “buy” rating in a research note on Wednesday, January 24th. UBS set a €85.00 ($104.94) price objective on Daimler and gave the company a “buy” rating in a research note on Thursday, February 1st. Warburg Research set a €76.00 ($93.83) price objective on Daimler and gave the company a “neutral” rating in a research note on Monday, February 5th. Finally, JPMorgan Chase set a €85.00 ($104.94) price objective on Daimler and gave the company a “buy” rating in a research note on Monday, March 5th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the company’s stock. Daimler presently has an average rating of “Hold” and an average target price of €76.83 ($94.85).
Daimler stock traded up €0.45 ($0.56) during midday trading on Tuesday, reaching €65.76 ($81.19). The stock had a trading volume of 1,243,819 shares, compared to its average volume of 4,430,000. Daimler has a 12 month low of €59.01 ($72.85) and a 12 month high of €76.36 ($94.27).
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Daimler AG, together its subsidiaries, develops and manufactures 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. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
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