Daimler (ETR:DAI) Given a €47.00 Price Target at Independent Research
Independent Research set a €47.00 ($54.65) target price on Daimler (ETR:DAI) in a research report report published on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
DAI has been the topic of a number of other reports. Goldman Sachs Group set a €38.00 ($44.19) target price on shares of Daimler and gave the stock a sell rating in a report on Wednesday. Bank of America set a €55.00 ($63.95) target price on shares of Daimler and gave the stock a buy rating in a report on Tuesday, October 15th. Barclays set a €50.00 ($58.14) target price on shares of Daimler and gave the stock a neutral rating in a report on Thursday. Sanford C. Bernstein set a €50.00 ($58.14) target price on shares of Daimler and gave the stock a neutral rating in a report on Monday, January 6th. Finally, UBS Group set a €52.00 ($60.47) target price on shares of Daimler and gave the stock a neutral rating in a report on Thursday. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. Daimler has an average rating of Hold and an average target price of €51.50 ($59.88).
Shares of Daimler stock traded down €0.49 ($0.57) during trading hours on Thursday, reaching €43.94 ($51.09). The company’s stock had a trading volume of 4,987,245 shares, compared to its average volume of 4,430,000. The firm has a 50 day moving average price of €49.05 and a 200-day moving average price of €47.78. Daimler has a one year low of €40.31 ($46.87) and a one year high of €60.00 ($69.77). The company has a debt-to-equity ratio of 254.49, a current ratio of 1.22 and a quick ratio of 0.83. The stock has a market cap of $47.53 billion and a P/E ratio of 11.62.
Daimler AG, together its subsidiaries, develops and manufactures 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 divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.
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