JPMorgan Chase & Co. Reiterates €85.00 Price Target for Daimler (DAI)
A number of other research analysts also recently issued reports on the stock. Berenberg Bank set a €52.00 ($60.47) price objective on shares of Daimler and gave the stock a sell rating in a research report on Tuesday, August 21st. DZ Bank reaffirmed a sell rating on shares of Daimler in a research report on Monday, July 30th. Deutsche Bank reaffirmed a buy rating on shares of Daimler in a research report on Friday, July 27th. Morgan Stanley set a €70.00 ($81.40) price objective on shares of Daimler and gave the stock a neutral rating in a research report on Friday, August 10th. Finally, UBS Group set a €92.00 ($106.98) price objective on shares of Daimler and gave the stock a buy rating in a research report on Friday, August 24th. Five analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €69.61 ($80.94).
ETR:DAI opened at €56.32 ($65.49) on Monday. Daimler has a one year low of €59.01 ($68.62) and a one year 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 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.
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