Bank of America set a €65.00 ($75.58) price objective on Daimler (ETR:DAI) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities analysts also recently weighed in on the company. Barclays set a €62.00 ($72.09) target price on Daimler and gave the company a neutral rating in a research report on Friday, March 29th. Deutsche Bank set a €80.00 ($93.02) price objective on Daimler and gave the stock a buy rating in a research report on Wednesday, February 20th. UBS Group set a €52.00 ($60.47) price objective on Daimler and gave the stock a neutral rating in a research report on Monday, April 15th. JPMorgan Chase & Co. set a €69.00 ($80.23) price objective on Daimler and gave the stock a buy rating in a research report on Wednesday, March 13th. Finally, Morgan Stanley set a €60.00 ($69.77) price objective on Daimler and gave the stock a buy rating in a research report on Friday, February 1st. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the stock. Daimler presently has an average rating of Hold and a consensus target price of €57.74 ($67.14).
ETR DAI opened at €54.00 ($62.79) on Tuesday. The company has a market capitalization of $57.77 billion and a PE ratio of 8.17. Daimler has a 1-year low of €44.51 ($51.76) and a 1-year high of €68.64 ($79.81). The company has a current ratio of 1.23, a quick ratio of 0.85 and a debt-to-equity ratio of 228.26.
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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