Daimler (ETR:DAI) Given a €50.00 Price Target at Barclays
Barclays set a €50.00 ($58.14) target price on Daimler (ETR:DAI) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other analysts have also issued reports on the company. Royal Bank of Canada set a €62.00 ($72.09) target price on Daimler and gave the company a buy rating in a research note on Wednesday, January 22nd. Morgan Stanley set a €58.00 ($67.44) target price on Daimler and gave the company a buy rating in a research note on Monday, December 16th. Deutsche Bank set a €52.00 ($60.47) price target on Daimler and gave the company a buy rating in a research report on Monday, January 20th. Sanford C. Bernstein set a €50.00 ($58.14) price target on Daimler and gave the company a neutral rating in a research report on Monday, January 6th. Finally, Nord/LB set a €47.00 ($54.65) price target on Daimler and gave the company a neutral rating in a research report on Wednesday, January 22nd. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of €51.50 ($59.88).
Shares of DAI opened at €43.94 ($51.09) on Thursday. The firm has a market cap of $47.01 billion and a PE ratio of 11.62. The stock’s fifty day moving average price is €48.94 and its two-hundred day moving average price is €47.75. The company has a debt-to-equity ratio of 254.49, a current ratio of 1.22 and a quick ratio of 0.83. Daimler has a 1 year low of €40.31 ($46.87) and a 1 year high of €60.00 ($69.77).
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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