Daimler AG (DAI) PT Set at €68.00 by Morgan Stanley
Daimler AG (ETR:DAI) has been assigned a €68.00 ($80.00) price objective by equities researchers at Morgan Stanley in a research note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock.
A number of other equities research analysts have also issued reports on the stock. Sanford C. Bernstein set a €85.00 ($100.00) price objective on shares of Daimler AG and gave the company a “buy” rating in a report on Monday, June 26th. Deutsche Bank AG set a €90.00 ($105.88) price objective on shares of Daimler AG and gave the company a “buy” rating in a report on Friday, September 1st. Jefferies Group LLC set a €56.00 ($65.88) price objective on shares of Daimler AG and gave the company a “sell” rating in a report on Monday, July 3rd. Berenberg Bank set a €54.00 ($63.53) price objective on shares of Daimler AG and gave the company a “sell” rating in a report on Thursday, August 31st. Finally, equinet AG set a €84.00 ($98.82) target price on shares of Daimler AG and gave the company a “buy” rating in a report on Friday, July 14th. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of €72.04 ($84.75).
Shares of Daimler AG (DAI) opened at 69.035 on Tuesday. Daimler AG has a 12 month low of €59.01 and a 12 month high of €73.20. The firm’s 50-day moving average is €66.09 and its 200 day moving average is €65.09. The company has a market capitalization of €73.85 billion and a price-to-earnings ratio of 7.468.
About Daimler AG
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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