Daimler AG (DAI) Given a €54.00 Price Target at Berenberg Bank
Daimler AG (ETR:DAI) has been given a €54.00 ($64.29) target price by equities researchers at Berenberg Bank in a research report issued on Thursday. The firm presently has a “sell” rating on the stock.
DAI has been the subject of several other reports. Goldman Sachs Group, Inc. (The) set a €81.00 ($96.43) target price on shares of Daimler AG and gave the stock a “neutral” rating in a report on Wednesday, May 24th. Sanford C. Bernstein set a €85.00 ($101.19) target price on shares of Daimler AG and gave the stock a “buy” rating in a report on Monday, June 26th. J P Morgan Chase & Co set a €85.00 ($101.19) target price on shares of Daimler AG and gave the stock a “buy” rating in a report on Friday, August 25th. UBS AG set a €85.00 ($101.19) target price on shares of Daimler AG and gave the stock a “buy” rating in a report on Monday, July 10th. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Daimler AG in a report on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of €72.50 ($86.31).
Daimler AG (DAI) opened at 61.177 on Thursday. The stock has a market capitalization of €65.45 billion and a price-to-earnings ratio of 6.618. Daimler AG has a 52 week low of €59.01 and a 52 week high of €73.20. The company has a 50-day moving average of €61.58 and a 200-day moving average of €66.07.
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About Daimler AG
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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