Daimler (ETR:DAI) has been assigned a €52.00 ($60.47) target price by research analysts at UBS Group in a report released on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price objective would indicate a potential downside of 7.57% from the stock’s current price.
DAI has been the topic of a number of other reports. Deutsche Bank set a €80.00 ($93.02) target price on shares of Daimler and gave the stock a “buy” rating in a report on Wednesday, February 20th. Nord/LB set a €49.00 ($56.98) price objective on shares of Daimler and gave the stock a “neutral” rating in a report on Friday, February 8th. HSBC set a €46.00 ($53.49) price objective on shares of Daimler and gave the stock a “sell” rating in a report on Thursday, March 21st. Jefferies Financial Group set a €50.00 ($58.14) price objective on shares of Daimler and gave the stock a “neutral” rating in a report on Tuesday, January 8th. Finally, Barclays set a €61.00 ($70.93) price objective on shares of Daimler and gave the stock a “sell” rating in a report on Tuesday, January 15th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company’s stock. Daimler currently has a consensus rating of “Hold” and an average price target of €59.14 ($68.76).
DAI opened at €56.26 ($65.42) on Monday. The firm has a market capitalization of $60.63 billion and a P/E ratio of 8.30. The company has a debt-to-equity ratio of 219.37, a quick ratio of 0.89 and a current ratio of 1.24. Daimler has a 12-month low of €44.51 ($51.76) and a 12-month high of €68.64 ($79.81).
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 divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.
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