Daimler AG (DAI) Given a €85.00 Price Target by J P Morgan Chase & Co Analysts
DAI has been the subject of several other research reports. Sanford C. Bernstein set a €85.00 ($100.00) target price on Daimler AG and gave the stock a buy rating in a research note on Monday, September 11th. Jefferies Group LLC set a €51.00 ($60.00) target price on Daimler AG and gave the stock a sell rating in a research note on Tuesday, August 29th. Deutsche Bank AG reaffirmed a buy rating on shares of Daimler AG in a research note on Tuesday, July 11th. Morgan Stanley set a €68.00 ($80.00) price objective on Daimler AG and gave the company a neutral rating in a research note on Monday, July 17th. Finally, Macquarie set a €72.00 ($84.71) price objective on Daimler AG and gave the company a neutral rating in a research note on Thursday, September 14th. Two research 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 stock has an average rating of Hold and an average target price of €71.61 ($84.25).
Daimler AG (DAI) opened at 68.053 on Monday. The stock’s 50 day moving average price is €65.33 and its 200 day moving average price is €65.19. The company has a market cap of €72.80 billion and a PE ratio of 7.362. Daimler AG has a 12-month low of €59.01 and a 12-month high of €73.20.
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Daimler AG Company Profile
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.
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