Morgan Stanley Reiterates €60.00 Price Target for Daimler (DAI)

Morgan Stanley set a €60.00 ($69.77) price target on Daimler (ETR:DAI) in a research report released on Thursday morning. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also recently weighed in on DAI. Jefferies Financial Group set a €58.00 ($67.44) price target on shares of Daimler and gave the stock a neutral rating in a research report on Friday, August 10th. Deutsche Bank set a €80.00 ($93.02) price target on shares of Daimler and gave the stock a buy rating in a research report on Friday, September 7th. Credit Suisse Group set a €60.00 ($69.77) price target on shares of Daimler and gave the stock a neutral rating in a research report on Friday, October 26th. Kepler Capital Markets set a €64.00 ($74.42) price target on shares of Daimler and gave the stock a buy rating in a research report on Thursday, October 25th. Finally, UBS Group set a €54.00 ($62.79) price target on shares of Daimler and gave the stock a neutral rating in a research report on Monday, October 15th. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €62.48 ($72.65).

Shares of ETR DAI traded up €0.26 ($0.30) during trading on Thursday, hitting €47.17 ($54.85). 3,549,565 shares of the company traded hands, 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).

About Daimler

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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Analyst Recommendations for Daimler (ETR:DAI)

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