Macquarie set a €72.00 ($85.71) price target on Daimler AG (ETR:DAI) in a report issued on Thursday. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts have also weighed in on DAI. Goldman Sachs Group, Inc. (The) set a €81.00 ($96.43) price objective on shares of Daimler AG and gave the stock a buy rating in a report on Monday, September 11th. UBS AG set a €85.00 ($101.19) price objective on shares of Daimler AG and gave the stock a buy rating in a report on Tuesday, September 12th. Morgan Stanley set a €68.00 ($80.95) price objective on shares of Daimler AG and gave the stock a neutral rating in a report on Wednesday, August 9th. Kepler Capital Markets set a €68.00 ($80.95) price objective on shares of Daimler AG and gave the stock a neutral rating in a report on Tuesday, September 12th. Finally, J P Morgan Chase & Co set a €85.00 ($101.19) price objective on shares of Daimler AG and gave the stock a buy rating in a report on Monday, September 11th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €72.09 ($85.82).

Shares of Daimler AG (ETR:DAI) opened at 66.696 on Thursday. Daimler AG has a 12 month low of €59.01 and a 12 month high of €73.20. The stock has a market capitalization of €71.35 billion and a P/E ratio of 7.215. The company’s 50 day moving average price is €61.70 and its 200-day moving average price is €65.63.

TRADEMARK VIOLATION WARNING: This story was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://www.watchlistnews.com/macquarie-reiterates-72-00-price-target-for-daimler-ag-dai/1569851.html.

About Daimler AG

Daimler AG, through its subsidiaries, engages in the development, production, and distribution of 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.

Analyst Recommendations for Daimler AG (ETR:DAI)

Receive News & Ratings for Daimler AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler AG and related companies with Analyst Ratings Network's FREE daily email newsletter.