Citigroup Analysts Give Daimler (DAI) a €76.00 Price Target
Daimler (ETR:DAI) has been assigned a €76.00 ($90.48) price target by research analysts at Citigroup in a research note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. Citigroup’s target price would suggest a potential upside of 2.22% from the company’s current price.
A number of other equities analysts also recently weighed in on DAI. S&P Global set a €70.00 ($83.33) target price on Daimler and gave the stock a “neutral” rating in a research note on Thursday, January 11th. Warburg Research set a €74.00 ($88.10) price objective on Daimler and gave the company a “neutral” rating in a research note on Monday, October 16th. Barclays reiterated a “neutral” rating on shares of Daimler in a research note on Thursday, January 11th. Morgan Stanley set a €68.00 ($80.95) price objective on Daimler and gave the company a “neutral” rating in a research note on Thursday, January 11th. Finally, UBS Group set a €85.00 ($101.19) price objective on Daimler and gave the company a “buy” rating in a research note on Friday, January 12th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of €74.48 ($88.66).
Daimler (DAI) opened at €74.35 ($88.51) on Monday. Daimler has a 12 month low of €59.01 ($70.25) and a 12 month high of €74.99 ($89.27). The firm has a market capitalization of $79,540.00 and a P/E ratio of 8.40.
Daimler 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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