Deutsche Bank Aktiengesellschaft set a €100.00 ($113.64) price target on Daimler (ETR:DAI) in a research note published on Wednesday morning, Borsen Zeitung reports.
A number of other analysts have also recently weighed in on the stock. Sanford C. Bernstein set a €116.00 ($131.82) target price on shares of Daimler in a research note on Friday, November 19th. Nord/LB set a €82.00 ($93.18) target price on shares of Daimler in a research note on Tuesday, January 4th. UBS Group set a €100.00 ($113.64) target price on shares of Daimler in a research note on Friday, October 29th. The Goldman Sachs Group set a €102.00 ($115.91) target price on shares of Daimler in a research note on Monday, January 10th. Finally, JPMorgan Chase & Co. set a €90.00 ($102.27) target price on shares of Daimler in a research note on Monday, January 10th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of Buy and an average price target of €90.88 ($103.27).
ETR:DAI opened at €74.79 ($84.99) on Wednesday. The firm’s 50-day moving average is €79.56 and its 200-day moving average is €76.62. Daimler has a 52-week low of €55.44 ($63.00) and a 52-week high of €91.63 ($104.13). The company has a debt-to-equity ratio of 173.66, a quick ratio of 0.60 and a current ratio of 1.30. The company has a market cap of $80.01 billion and a price-to-earnings ratio of 5.83.
Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars & Vans, Daimler Trucks and Buses, and Daimler Mobility segments. The Mercedes-Benz Cars segment offers premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ brands; small cars under the smart brand name; and ecosystem of Mercedes-Benz under the Mercedes me brand, as well as vans and related services under the Mercedes-Benz and Freightliner brands.
Further Reading: Hold Rating
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