JPMorgan Chase & Co. Analysts Give Daimler (ETR:DAI) a €31.00 Price Target

JPMorgan Chase & Co. set a €31.00 ($36.05) price objective on Daimler (ETR:DAI) in a report published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also issued reports on the company. Kepler Capital Markets set a €47.00 ($54.65) target price on Daimler and gave the stock a neutral rating in a report on Wednesday, February 12th. HSBC set a €45.00 ($52.33) price target on Daimler and gave the stock a sell rating in a research report on Thursday, December 12th. Barclays set a €50.00 ($58.14) price target on Daimler and gave the company a neutral rating in a research note on Tuesday, February 11th. Independent Research set a €44.00 ($51.16) price objective on shares of Daimler and gave the stock a neutral rating in a research report on Tuesday, February 25th. Finally, DZ Bank reiterated a sell rating on shares of Daimler in a research note on Friday, March 6th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €44.41 ($51.64).

Daimler stock opened at €29.77 ($34.61) on Monday. The firm has a market cap of $31.32 billion and a PE ratio of 13.41. The company has a debt-to-equity ratio of 257.44, a current ratio of 1.21 and a quick ratio of 0.89. The stock’s fifty day moving average price is €35.65 and its two-hundred day moving average price is €45.31. Daimler has a one year low of €27.82 ($32.34) and a one year high of €60.00 ($69.77).

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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Analyst Recommendations for Daimler (ETR:DAI)

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