Daimler AG (DAI) PT Set at €65.00 by Macquarie
Daimler AG (ETR:DAI) has been given a €65.00 ($68.42) price objective by investment analysts at Macquarie in a report released on Thursday. The firm currently has a “neutral” rating on the stock.
Several other research analysts have also recently commented on DAI. Morgan Stanley set a €65.00 ($68.42) target price on Daimler AG and gave the stock a “neutral” rating in a research report on Monday, August 8th. Jefferies Group set a €65.00 ($68.42) target price on Daimler AG and gave the stock a “neutral” rating in a research report on Tuesday, August 9th. Goldman Sachs Group Inc. set a €75.00 ($78.95) target price on Daimler AG and gave the stock a “buy” rating in a research report on Friday, August 19th. Commerzbank AG set a €95.00 ($100.00) target price on Daimler AG and gave the stock a “buy” rating in a research report on Monday, August 22nd. Finally, Nord/LB reaffirmed a “buy” rating on shares of Daimler AG in a research report on Tuesday, September 6th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of €71.08 ($74.82).
Daimler AG (ETR:DAI) opened at 62.432 on Thursday. The company has a market cap of €66.79 billion and a price-to-earnings ratio of 8.166. The company has a 50-day moving average of €64.45 and a 200-day moving average of €60.98. Daimler AG has a 12 month low of €50.89 and a 12 month high of €85.42.
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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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