Daimler AG (DDAIF) Lifted to “Outperform” at Evercore ISI
Evercore ISI upgraded shares of Daimler AG (NASDAQ:DDAIF) to an outperform rating in a research note published on Friday morning, The Fly reports.
Separately, Goldman Sachs Group, Inc. (The) raised shares of Daimler AG from a neutral rating to a buy rating in a research report on Wednesday, September 6th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $79.00.
Daimler AG (NASDAQ DDAIF) opened at 77.929 on Friday. Daimler AG has a 52-week low of $65.82 and a 52-week high of $78.59. The firm’s 50-day moving average is $72.13 and its 200 day moving average is $73.41. The stock has a market capitalization of $83.37 billion and a PE ratio of 7.198.
Daimler AG (NASDAQ:DDAIF) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $2.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.88 by $0.37. The business had revenue of $45.23 billion during the quarter, compared to analyst estimates of $47.42 billion. Daimler AG had a net margin of 6.09% and a return on equity of 16.72%. On average, equities analysts forecast that Daimler AG will post $10.96 earnings per share for the current year.
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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