Daimler AG (DAI) PT Set at €51.00 by Jefferies Group LLC
Daimler AG (ETR:DAI) has been given a €51.00 ($60.71) price target by investment analysts at Jefferies Group LLC in a research report issued to clients and investors on Tuesday. The brokerage currently has a “sell” rating on the stock.
DAI has been the topic of a number of other reports. Kepler Capital Markets set a €73.00 ($86.90) target price on Daimler AG and gave the stock a “neutral” rating in a research note on Monday, May 8th. J P Morgan Chase & Co set a €85.00 ($101.19) target price on Daimler AG and gave the stock a “buy” rating in a research note on Friday. Deutsche Bank AG reiterated a “buy” rating on shares of Daimler AG in a research note on Tuesday, July 11th. Morgan Stanley set a €68.00 ($80.95) target price on Daimler AG and gave the stock a “neutral” rating in a research note on Monday, July 17th. Finally, Berenberg Bank set a €54.00 ($64.29) target price on Daimler AG and gave the stock a “sell” rating in a research note on Tuesday, July 4th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €72.50 ($86.31).
Shares of Daimler AG (ETR DAI) opened at 61.063 on Tuesday. Daimler AG has a 52-week low of €59.01 and a 52-week high of €73.20. The firm has a market capitalization of €65.33 billion and a price-to-earnings ratio of 6.606. The firm has a 50-day moving average of €61.58 and a 200 day moving average of €66.07.
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Daimler AG Company Profile
Daimler AG, through its subsidiaries, engages in the development, production, and distribution of passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services segments.
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