Deutsche Bank set a €52.00 ($60.47) price target on Daimler (ETR:DAI) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other brokerages also recently weighed in on DAI. Goldman Sachs Group set a €38.00 ($44.19) target price on shares of Daimler and gave the company a sell rating in a research note on Monday, January 6th. Credit Suisse Group set a €55.00 ($63.95) target price on shares of Daimler and gave the company a neutral rating in a research note on Friday, October 25th. Nord/LB set a €52.00 ($60.47) target price on shares of Daimler and gave the company a neutral rating in a research note on Thursday, October 24th. DZ Bank restated a sell rating on shares of Daimler in a research note on Friday, November 15th. Finally, Bank of America set a €55.00 ($63.95) target price on shares of Daimler and gave the company a buy rating in a research note on Tuesday, October 15th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. Daimler has a consensus rating of Hold and a consensus target price of €51.94 ($60.40).
Shares of DAI opened at €45.42 ($52.81) on Monday. The company has a market cap of $48.58 billion and a price-to-earnings ratio of 12.01. Daimler has a twelve month low of €40.31 ($46.87) and a twelve month high of €60.00 ($69.77). The company has a quick ratio of 0.83, a current ratio of 1.22 and a debt-to-equity ratio of 254.49. The company has a 50 day moving average of €49.15 and a two-hundred day moving average of €47.80.
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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