Daimler AG (OTCMKTS:DDAIF) Receives Consensus Rating of “Buy” from Analysts
Shares of Daimler AG (OTCMKTS:DDAIF) have been assigned an average recommendation of “Buy” from the thirteen ratings firms that are presently covering the company. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and eight have given a buy recommendation to the company.
DDAIF has been the topic of a number of research reports. Zacks Investment Research upgraded Daimler AG from a “sell” rating to a “hold” rating in a report on Tuesday, June 21st. Evercore ISI downgraded Daimler AG from a “hold” rating to a “sell” rating in a report on Wednesday, June 29th. Finally, Jefferies Group initiated coverage on Daimler AG in a report on Tuesday, August 9th. They issued a “hold” rating on the stock.
Shares of Daimler AG (OTCMKTS:DDAIF) opened at 71.70 on Friday. The stock has a market cap of $76.70 billion, a price-to-earnings ratio of 8.59 and a beta of 1.86. Daimler AG has a 1-year low of $56.56 and a 1-year high of $89.65. The stock’s 50 day moving average is $69.98 and its 200-day moving average is $68.12.
Daimler AG (OTCMKTS:DDAIF) last posted its quarterly earnings data on Thursday, July 21st. The company reported $2.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.05 by $0.45. Daimler AG had a return on equity of 15.37% and a net margin of 5.53%. On average, analysts anticipate that Daimler AG will post $8.93 EPS for the current year.
About Daimler AG
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand.
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