Daimler AG (DAI) PT Set at €71.00 by Goldman Sachs Group Inc.
Daimler AG (ETR:DAI) has been assigned a €71.00 ($76.34) price objective by equities researchers at Goldman Sachs Group Inc. in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the stock.
A number of other equities research analysts have also recently commented on the company. BNP Paribas set a €50.00 ($53.76) target price on Daimler AG and gave the company a “sell” rating in a research report on Friday, July 29th. Morgan Stanley set a €65.00 ($69.89) target price on Daimler AG and gave the company a “neutral” rating in a research report on Monday, August 8th. Deutsche Bank AG set a €90.00 ($96.77) price objective on Daimler AG and gave the stock a “buy” rating in a report on Wednesday, October 26th. Nord/LB reiterated a “buy” rating on shares of Daimler AG in a report on Tuesday, September 6th. Finally, Commerzbank AG set a €95.00 ($102.15) price objective on Daimler AG and gave the stock a “buy” rating in a report on Tuesday, August 30th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of €71.32 ($76.69).
Daimler AG (ETR:DAI) opened at 64.625 on Wednesday. Daimler AG has a 1-year low of €50.89 and a 1-year high of €85.42. The stock’s 50 day moving average price is €64.46 and its 200-day moving average price is €60.91. The company has a market cap of €69.14 billion and a PE ratio of 8.453.
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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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