JPMorgan Chase & Co. Reiterates €69.00 Price Target for Daimler (DAI)
JPMorgan Chase & Co. set a €69.00 ($80.23) target price on Daimler (ETR:DAI) in a research report report published on Wednesday morning. The firm currently has a buy rating on the stock.
DAI has been the topic of a number of other reports. DZ Bank restated a sell rating on shares of Daimler in a research note on Friday, December 7th. UBS Group set a €54.00 ($62.79) price target on shares of Daimler and gave the company a neutral rating in a research note on Wednesday, January 9th. Sanford C. Bernstein set a €73.00 ($84.88) price target on shares of Daimler and gave the company a neutral rating in a research note on Wednesday, February 6th. Independent Research set a €52.00 ($60.47) price target on shares of Daimler and gave the company a neutral rating in a research note on Wednesday, January 2nd. Finally, Berenberg Bank set a €46.00 ($53.49) price target on shares of Daimler and gave the company a sell rating in a research note on Monday, February 18th. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of €59.41 ($69.08).
DAI opened at €51.67 ($60.08) on Wednesday. Daimler has a twelve month low of €59.01 ($68.62) and a twelve month high of €76.36 ($88.79).
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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