Warburg Research Reiterates €76.00 Price Target for Daimler AG (DAI)
Daimler AG (ETR:DAI) has been given a €76.00 ($84.44) price target by Warburg Research in a research note issued on Thursday. The firm presently has a a “buy” rating on the stock.
Other equities research analysts have also recently issued reports about the company. JPMorgan Chase & Co. set a €96.00 ($106.67) price objective on Daimler AG and gave the company a “buy” rating in a research report on Monday, June 20th. Berenberg Bank set a €80.00 ($88.89) target price on Daimler AG and gave the company a “buy” rating in a report on Thursday, June 16th. Baader Bank set a €80.00 ($88.89) target price on Daimler AG and gave the company a “buy” rating in a report on Monday, June 20th. Oddo Securities set a €84.00 ($93.33) price objective on Daimler AG and gave the stock a “buy” rating in a research note on Friday, June 24th. Finally, Goldman Sachs Group Inc. set a €83.00 ($92.22) price objective on Daimler AG and gave the stock a “buy” rating in a research note on Thursday, June 23rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of €72.25 ($80.28).
Daimler AG (ETR:DAI) traded down 1.810% on Thursday, reaching €63.103. The company’s stock had a trading volume of 22,625 shares. Daimler AG has a one year low of €50.89 and a one year high of €85.42. The stock has a 50-day moving average of €62.59 and a 200-day moving average of €60.61. The stock has a market cap of €67.51 billion and a P/E ratio of 8.471.
Daimler AG Company Profile
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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