Barclays Reiterates Neutral Rating for Daimler (DAI)
Several other equities research analysts have also recently weighed in on the stock. Deutsche Bank set a €90.00 ($107.14) price target on shares of Daimler and gave the company a buy rating in a research report on Monday. JPMorgan Chase & Co. set a €85.00 ($101.19) price target on shares of Daimler and gave the company a buy rating in a research report on Friday, January 5th. Warburg Research set a €75.00 ($89.29) price target on shares of Daimler and gave the company a neutral rating in a research report on Tuesday, January 2nd. Independent Research set a €73.00 ($86.90) price target on shares of Daimler and gave the company a neutral rating in a research report on Tuesday, January 2nd. Finally, Sanford C. Bernstein set a €85.00 ($101.19) price target on shares of Daimler and gave the company a buy rating in a research report on Monday, January 1st. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the company. The company has an average rating of Hold and a consensus price target of €73.96 ($88.04).
Shares of Daimler (ETR DAI) traded up €0.57 ($0.68) on Thursday, reaching €74.18 ($88.31). 3,218,001 shares of the company’s stock traded hands, compared to its average volume of 3,070,000. The stock has a market cap of $79,360.00 and a PE ratio of 8.38. Daimler has a fifty-two week low of €59.01 ($70.25) and a fifty-two week high of €74.71 ($88.94).
ILLEGAL ACTIVITY WARNING: This report was first reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/barclays-reiterates-neutral-rating-for-daimler-dai/1805081.html.
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.
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.