Daimler (ETR:DAI)‘s stock had its “sell” rating reiterated by stock analysts at DZ Bank in a research report issued on Friday.

A number of other equities analysts also recently issued reports on the company. Warburg Research set a €57.00 ($66.28) price target on Daimler and gave the stock a “neutral” rating in a research note on Thursday. Morgan Stanley set a €60.00 ($69.77) price target on Daimler and gave the stock a “neutral” rating in a research note on Thursday. HSBC set a €45.00 ($52.33) price target on Daimler and gave the stock a “sell” rating in a research note on Friday, November 30th. BNP Paribas set a €64.00 ($74.42) price target on Daimler and gave the stock a “buy” rating in a research note on Friday, November 16th. Finally, Citigroup set a €48.00 ($55.81) price target on Daimler and gave the stock a “sell” rating in a research note on Thursday, November 15th. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €62.48 ($72.65).

Shares of Daimler stock traded down €0.17 ($0.20) on Friday, reaching €46.74 ($54.34). The company’s stock had a trading volume of 3,823,826 shares, compared to its average volume of 4,430,000. Daimler has a 52 week low of €59.01 ($68.62) and a 52 week high of €76.36 ($88.79).

About Daimler

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 segments. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.

See Also: Intrinsic Value

Analyst Recommendations for Daimler (ETR:DAI)

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