Daimler (ETR:DAI) has been assigned a €62.00 ($72.09) price objective by equities researchers at Morgan Stanley in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Morgan Stanley’s price objective points to a potential upside of 49.60% from the company’s previous close.

Several other research analysts also recently weighed in on the stock. Goldman Sachs Group set a €42.00 ($48.84) target price on shares of Daimler and gave the stock a “sell” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. set a €69.00 ($80.23) target price on shares of Daimler and gave the stock a “buy” rating in a report on Wednesday, July 24th. Sanford C. Bernstein set a €55.00 ($63.95) target price on shares of Daimler and gave the stock a “neutral” rating in a report on Tuesday, July 16th. Royal Bank of Canada set a €63.00 ($73.26) target price on shares of Daimler and gave the stock a “buy” rating in a report on Tuesday, July 30th. Finally, Kepler Capital Markets set a €52.00 ($60.47) target price on shares of Daimler and gave the stock a “neutral” rating in a report on Friday, June 28th. Six equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €55.71 ($64.78).

Shares of Daimler stock opened at €41.45 ($48.19) on Tuesday. The company has a market cap of $44.43 billion and a P/E ratio of 11.02. The company has a debt-to-equity ratio of 249.44, a current ratio of 1.12 and a quick ratio of 0.76. The business has a fifty day moving average price of €46.54. Daimler has a fifty-two week low of €42.50 ($49.42) and a fifty-two week high of €60.00 ($69.77).

About Daimler

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 divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.

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Analyst Recommendations for Daimler (ETR:DAI)

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