Daimler (DAI) Given a €85.00 Price Target at UBS Group
UBS Group set a €85.00 ($101.19) price target on Daimler (ETR:DAI) in a research report sent to investors on Friday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other research firms have also recently commented on DAI. Deutsche Bank set a €90.00 ($107.14) target price on shares of Daimler and gave the company a buy rating in a research report on Monday, January 8th. Barclays reaffirmed a neutral rating on shares of Daimler in a research report on Thursday. S&P Global set a €70.00 ($83.33) target price on shares of Daimler and gave the company a neutral rating in a research report on Thursday. Morgan Stanley set a €68.00 ($80.95) target price on shares of Daimler and gave the company a neutral rating in a research report on Thursday. Finally, DZ Bank reaffirmed a neutral rating on shares of Daimler in a research report on Tuesday, November 7th. Two research analysts have rated the stock with a sell rating, fourteen have given 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).
Daimler (DAI) traded up €0.57 ($0.68) during midday trading on Friday, reaching €74.18 ($88.31). 3,218,001 shares of the company’s stock were exchanged, compared to its average volume of 3,070,000. Daimler has a 52 week low of €59.01 ($70.25) and a 52 week high of €74.71 ($88.94). The firm has a market capitalization of $79,360.00 and a PE ratio of 8.38.
Daimler 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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