JPMorgan Chase & Co. set a €76.00 ($88.37) price target on Daimler (ETR:DAI) in a research note issued to investors on Thursday. The brokerage currently has a buy rating on the stock.
DAI has been the topic of a number of other reports. Deutsche Bank reaffirmed a buy rating on shares of Daimler in a research report on Friday, July 27th. Independent Research set a €62.00 ($72.09) target price on Daimler and gave the stock a neutral rating in a research report on Friday, September 14th. equinet set a €64.00 ($74.42) target price on Daimler and gave the stock a buy rating in a research report on Monday, October 15th. BNP Paribas set a €62.00 ($72.09) target price on Daimler and gave the stock a neutral rating in a research report on Tuesday, October 16th. Finally, Commerzbank set a €50.00 ($58.14) target price on Daimler and gave the stock a sell rating in a research report on Monday, October 22nd. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of €64.78 ($75.33).
Shares of ETR:DAI traded up €0.57 ($0.66) during trading on Thursday, reaching €53.14 ($61.79). 5,303,977 shares of the stock were exchanged, compared to its average volume of 4,430,000. Daimler has a 1-year low of €59.01 ($68.62) and a 1-year high of €76.36 ($88.79).
Daimler Company Profile
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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