Daimler AG (DAI) Given a €85.00 Price Target by Sanford C. Bernstein Analysts
Daimler AG (ETR:DAI) received a €85.00 ($96.59) target price from research analysts at Sanford C. Bernstein in a report issued on Thursday. The brokerage presently has a “buy” rating on the stock.
A number of other equities research analysts have also weighed in on the stock. J P Morgan Chase & Co reiterated a “buy” rating on shares of Daimler AG in a research note on Monday, May 8th. Commerzbank Ag set a €90.00 ($102.27) target price on shares of Daimler AG and gave the company a “buy” rating in a research note on Thursday, March 23rd. Deutsche Bank AG reiterated a “buy” rating on shares of Daimler AG in a research note on Tuesday, March 21st. Berenberg Bank set a €54.00 ($61.36) target price on shares of Daimler AG and gave the company a “sell” rating in a research note on Thursday, April 27th. Finally, DZ Bank AG restated a “buy” rating on shares of Daimler AG in a research note on Thursday, April 6th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company’s stock. Daimler AG currently has a consensus rating of “Hold” and a consensus price target of €74.06 ($84.16).
Shares of Daimler AG (ETR:DAI) opened at 64.965 on Thursday. Daimler AG has a 52-week low of €50.89 and a 52-week high of €73.20. The firm has a 50-day moving average price of €66.12 and a 200-day moving average price of €68.56. The stock has a market capitalization of €69.50 billion and a P/E ratio of 7.035.
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Daimler AG Company Profile
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.
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