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.

WARNING: This piece was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/08/31/daimler-ag-dai-given-a-54-00-price-target-at-berenberg-bank.html.

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.

Analyst Recommendations for Daimler AG (ETR:DAI)

Receive News & Stock Ratings for Daimler AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler AG and related stocks with our FREE daily email newsletter.