Daimler (DAI) Given a €73.00 Price Target at Sanford C. Bernstein
Daimler (ETR:DAI) has been assigned a €73.00 ($84.88) price objective by analysts at Sanford C. Bernstein in a research note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the stock. Sanford C. Bernstein’s target price indicates a potential upside of 39.13% from the company’s current price.
A number of other brokerages have also commented on DAI. equinet set a €71.00 ($82.56) price target on shares of Daimler and gave the stock a “buy” rating in a report on Thursday, July 26th. Jefferies Financial Group set a €58.00 ($67.44) price target on shares of Daimler and gave the stock a “neutral” rating in a report on Friday, August 10th. Deutsche Bank set a €80.00 ($93.02) price target on shares of Daimler and gave the stock a “buy” rating in a report on Friday, September 7th. Credit Suisse Group set a €60.00 ($69.77) price target on shares of Daimler and gave the stock a “neutral” rating in a report on Friday, October 26th. Finally, Barclays set a €73.00 ($84.88) price target on shares of Daimler and gave the stock a “sell” rating in a report on Thursday, July 19th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of €64.78 ($75.33).
Shares of ETR:DAI opened at €52.47 ($61.01) on Wednesday. Daimler has a 52 week low of €59.01 ($68.62) and a 52 week high of €76.36 ($88.79).
Daimler AG, together its subsidiaries, develops and manufactures 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. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
Recommended Story: What is a Tariff?
Receive News & Ratings for Daimler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler and related companies with MarketBeat.com's FREE daily email newsletter.