Daimler AG (DAI) PT Set at €54.00 by Berenberg Bank
Daimler AG (ETR:DAI) received a €54.00 ($62.79) price target from equities research analysts at Berenberg Bank in a report issued on Monday. The firm presently has a “sell” rating on the stock. Berenberg Bank’s target price points to a potential downside of 21.75% from the company’s current price.
A number of other research analysts have also commented on the company. Deutsche Bank AG set a €90.00 ($104.65) price target on Daimler AG and gave the company a “buy” rating in a report on Friday, September 1st. Sanford C. Bernstein set a €85.00 ($98.84) price target on Daimler AG and gave the company a “buy” rating in a report on Monday, September 4th. BNP Paribas set a €67.00 ($77.91) target price on Daimler AG and gave the stock a “neutral” rating in a report on Wednesday, July 19th. Warburg Research set a €85.00 ($98.84) target price on Daimler AG and gave the stock a “buy” rating in a report on Wednesday, July 19th. Finally, Morgan Stanley set a €68.00 ($79.07) target price on Daimler AG and gave the stock a “neutral” rating in a report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of €74.00 ($86.05).
Daimler AG (DAI) opened at €69.01 ($80.24) on Monday. Daimler AG has a fifty-two week low of €59.01 ($68.62) and a fifty-two week high of €73.62 ($85.60).
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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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