Daimler AG (DAI) Given a €54.00 Price Target at Berenberg Bank
Several other brokerages also recently issued reports on DAI. Warburg Research set a €85.00 ($101.19) price target on shares of Daimler AG and gave the company a buy rating in a report on Tuesday, July 25th. Independent Research GmbH set a €67.00 ($79.76) price objective on shares of Daimler AG and gave the stock a neutral rating in a report on Wednesday, July 26th. Sanford C. Bernstein set a €85.00 ($101.19) price objective on shares of Daimler AG and gave the stock a buy rating in a report on Monday, September 4th. Deutsche Bank AG set a €90.00 ($107.14) price objective on shares of Daimler AG and gave the stock a buy rating in a report on Wednesday, September 13th. Finally, Nord/LB set a €66.00 ($78.57) price objective on shares of Daimler AG and gave the stock a neutral rating in a report on Friday, July 14th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of €72.09 ($85.82).
Shares of Daimler AG (DAI) opened at 66.696 on Thursday. The firm has a market cap of €71.35 billion and a PE ratio of 7.215. Daimler AG has a 1-year low of €59.01 and a 1-year high of €73.20. The stock has a 50 day moving average of €61.70 and a 200 day moving average of €65.63.
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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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