Daimler AG (DAI) PT Set at €65.00 by HSBC
Daimler AG (ETR:DAI) has been given a €65.00 ($71.43) price target by equities research analysts at HSBC in a report released on Friday. The brokerage currently has a a “neutral” rating on the stock.
A number of other research analysts have also recently commented on the company. DZ Bank AG reaffirmed a “buy” rating on shares of Daimler AG in a research note on Thursday, July 21st. Baader Bank set a €80.00 ($87.91) target price on Daimler AG and gave the company a “buy” rating in a research note on Tuesday, July 5th. equinet AG set a €83.00 ($91.21) target price on Daimler AG and gave the company a “buy” rating in a research note on Tuesday, July 19th. Commerzbank AG set a €95.00 ($104.40) target price on Daimler AG and gave the company a “buy” rating in a research note on Wednesday, September 7th. Finally, Kepler Capital Markets reaffirmed a “buy” rating on shares of Daimler AG in a research note on Thursday, October 6th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of €72.92 ($80.13).
Daimler AG (ETR:DAI) opened at 63.965 on Friday. The company has a market cap of €68.43 billion and a price-to-earnings ratio of 8.587. The company’s 50-day moving average price is €62.81 and its 200-day moving average price is €60.54. Daimler AG has a 52-week low of €50.89 and a 52-week high of €85.42.
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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