Morgan Stanley Analysts Give Daimler (ETR:DAI) a €62.00 Price Target
Morgan Stanley set a €62.00 ($72.09) price objective on Daimler (ETR:DAI) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. set a €65.00 ($75.58) price objective on shares of Daimler and gave the company a buy rating in a research report on Tuesday, September 10th. Kepler Capital Markets set a €49.00 ($56.98) price objective on shares of Daimler and gave the company a buy rating in a research report on Friday, August 30th. Credit Suisse Group set a €57.00 ($66.28) price objective on shares of Daimler and gave the company a neutral rating in a research report on Monday, June 3rd. Deutsche Bank set a €60.00 ($69.77) price objective on shares of Daimler and gave the company a buy rating in a research report on Thursday, July 25th. Finally, Royal Bank of Canada set a €59.00 ($68.60) price objective on shares of Daimler and gave the company a buy rating in a research report on Wednesday, September 4th. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company. Daimler has an average rating of Hold and a consensus price target of €54.63 ($63.52).
DAI stock opened at €47.43 ($55.15) on Monday. Daimler has a 52 week low of €40.31 ($46.87) and a 52 week high of €60.00 ($69.77). The company has a quick ratio of 0.76, a current ratio of 1.12 and a debt-to-equity ratio of 249.44. The company has a fifty day simple moving average of €44.13 and a two-hundred day simple moving average of €49.67. The firm has a market capitalization of $50.74 billion and a P/E ratio of 12.61.
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.
Featured Story: What is a SEC Filing?
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.