Daimler AG (DDAIF) Receives Average Rating of “Hold” from Analysts
Daimler AG (OTCMKTS:DDAIF) has been given an average rating of “Hold” by the thirteen research firms that are presently covering the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating on the company.
DDAIF has been the topic of several recent research reports. Zacks Investment Research raised Daimler AG from a “hold” rating to a “strong-buy” rating and set a $82.00 price target on the stock in a report on Tuesday, October 11th. Societe Generale downgraded Daimler AG from a “buy” rating to a “hold” rating in a report on Monday, October 24th. 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 70.06 on Friday. The firm’s 50-day moving average price is $70.52 and its 200-day moving average price is $67.70. The stock has a market capitalization of $74.95 billion, a P/E ratio of 8.32 and a beta of 1.92. Daimler AG has a 52-week low of $56.56 and a 52-week high of $89.65.
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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