Daimler (DAI) Given a €80.00 Price Target at Deutsche Bank
Daimler (ETR:DAI) has been assigned a €80.00 ($93.02) price target by equities researchers at Deutsche Bank in a report released on Wednesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 51.43% from the stock’s previous close.
Other research analysts also recently issued research reports about the stock. equinet set a €71.00 ($82.56) price target on shares of Daimler and gave the company a “buy” rating in a report on Thursday, July 26th. UBS Group set a €92.00 ($106.98) price target on shares of Daimler and gave the company a “buy” rating in a report on Thursday, July 26th. JPMorgan Chase & Co. set a €85.00 ($98.84) price target on shares of Daimler and gave the company a “buy” rating in a report on Thursday, July 26th. Societe Generale set a €72.00 ($83.72) target price on shares of Daimler and gave the stock a “buy” rating in a report on Friday, July 27th. Finally, Kepler Capital Markets set a €64.00 ($74.42) target price on shares of Daimler and gave the stock a “buy” rating in a report on Friday, October 19th. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. Daimler currently has a consensus rating of “Hold” and a consensus target price of €64.78 ($75.33).
Daimler stock opened at €52.83 ($61.43) on Wednesday. Daimler has a 1-year low of €59.01 ($68.62) and a 1-year 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.
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