Daimler AG (DAI) Receives €72.43 Average PT from Brokerages
Daimler AG (ETR:DAI) has received a consensus recommendation of “Buy” from the twenty-six research firms that are presently covering the stock. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and sixteen have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is €72.43 ($77.89).
A number of research firms have commented on DAI. Morgan Stanley set a €65.00 ($69.89) price target on Daimler AG and gave the company a “neutral” rating in a research note on Tuesday. Nord/LB reissued a “buy” rating on shares of Daimler AG in a report on Wednesday, November 9th. JPMorgan Chase & Co. set a €75.00 ($80.65) price objective on Daimler AG and gave the company a “buy” rating in a report on Monday, November 7th. Bankhaus Lampe set a €65.00 ($69.89) price objective on Daimler AG and gave the company a “buy” rating in a report on Thursday, November 3rd. Finally, Citigroup Inc. set a €80.00 ($86.02) price objective on Daimler AG and gave the company a “buy” rating in a report on Friday, October 28th.
Daimler AG (ETR:DAI) opened at 64.70 on Monday. The stock’s 50 day moving average price is €63.93 and its 200-day moving average price is €60.66. The stock has a market capitalization of €69.22 billion and a PE ratio of 8.46. Daimler AG has a 52-week low of €50.88 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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