Daimler AG (ETR:DAI) has been assigned a €71.00 ($82.56) price target by equities researchers at Kepler Capital Markets in a report issued on Wednesday. The firm currently has a “neutral” rating on the stock.
DAI has been the topic of several other research reports. Berenberg Bank set a €53.00 ($61.63) price target on shares of Daimler AG and gave the company a “sell” rating in a report on Wednesday, April 5th. J P Morgan Chase & Co set a €85.00 ($98.84) price objective on shares of Daimler AG and gave the company a “buy” rating in a research note on Wednesday, April 12th. Goldman Sachs Group, Inc. (The) set a €78.00 ($90.70) price target on shares of Daimler AG and gave the stock a “neutral” rating in a research report on Tuesday, April 25th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Daimler AG in a research report on Tuesday, July 11th. Finally, Independent Research GmbH set a €73.00 ($84.88) price target on shares of Daimler AG and gave the stock a “neutral” rating in a research report on Tuesday, April 11th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €73.54 ($85.52).
Shares of Daimler AG (ETR:DAI) traded down 1.514% during mid-day trading on Wednesday, hitting €60.553. The company had a trading volume of 58,264 shares. The firm has a 50-day moving average price of €64.60 and a 200 day moving average price of €67.72. The firm has a market capitalization of €64.78 billion and a price-to-earnings ratio of 6.558. Daimler AG has a 52-week low of €58.04 and a 52-week high of €73.20.
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About Daimler AG
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.
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