Daimler AG (ETR:DAI) Given a €68.00 Price Target at Morgan Stanley
A number of other analysts also recently issued reports on the company. Goldman Sachs Group Inc set a €81.00 ($95.29) price target on Daimler AG and gave the company a neutral rating in a research report on Monday, July 10th. UBS AG set a €85.00 ($100.00) price target on Daimler AG and gave the company a buy rating in a research report on Monday, July 10th. J P Morgan Chase & Co set a €85.00 ($100.00) price target on Daimler AG and gave the company a buy rating in a research report on Monday, July 10th. Nord/LB set a €70.00 ($82.35) price target on Daimler AG and gave the company a buy rating in a research report on Thursday, July 6th. Finally, Berenberg Bank set a €54.00 ($63.53) price target on Daimler AG and gave the company a sell rating in a research report on Tuesday, July 4th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the stock. Daimler AG presently has an average rating of Hold and an average price target of €72.72 ($85.55).
Shares of Daimler AG (ETR:DAI) traded up 1.19% on Tuesday, reaching €60.62. The company’s stock had a trading volume of 13,432 shares. The stock has a market cap of €64.85 billion and a P/E ratio of 6.56. The firm’s 50-day moving average price is €63.78 and its 200-day moving average price is €67.25. Daimler AG has a 12 month low of €58.03 and a 12 month high of €73.19.
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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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