Kepler Capital Markets set a €68.00 ($80.95) target price on Daimler AG (ETR:DAI) in a research note released on Tuesday, September 12th. The brokerage currently has a neutral rating on the stock.
Several other research firms also recently issued reports on DAI. Sanford C. Bernstein set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a buy rating in a report on Monday, June 26th. Morgan Stanley set a €68.00 ($80.95) price objective on Daimler AG and gave the stock a neutral rating in a report on Wednesday, June 14th. Berenberg Bank set a €54.00 ($64.29) price objective on Daimler AG and gave the stock a sell rating in a report on Tuesday, June 13th. J P Morgan Chase & Co set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a buy rating in a report on Monday, June 12th. Finally, HSBC Holdings plc set a €73.00 ($86.90) price objective on Daimler AG and gave the stock a neutral rating in a report on Monday, June 12th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €72.09 ($85.82).
Shares of Daimler AG (ETR:DAI) traded up 1.00% during trading on Tuesday, reaching €67.32. The company had a trading volume of 12,835 shares. Daimler AG has a 52-week low of €59.01 and a 52-week high of €73.19. The company has a market capitalization of €72.02 billion and a P/E ratio of 7.28. The firm has a 50-day moving average price of €62.06 and a 200-day moving average price of €65.54.
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About Daimler AG
Daimler AG, through its subsidiaries, engages in the development, production, and distribution of 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.
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