Sanford C. Bernstein Analysts Give Daimler (DAI) a €73.00 Price Target
Sanford C. Bernstein set a €73.00 ($84.88) price objective on Daimler (ETR:DAI) in a report issued on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other research analysts have also issued research reports about the company. Deutsche Bank set a €80.00 ($93.02) price target on Daimler and gave the stock a buy rating in a report on Tuesday, January 22nd. Morgan Stanley set a €60.00 ($69.77) price target on Daimler and gave the stock a buy rating in a report on Friday, February 1st. JPMorgan Chase & Co. set a €77.00 ($89.53) price target on Daimler and gave the stock a buy rating in a report on Wednesday, February 6th. Finally, Bank of America set a €63.00 ($73.26) price objective on shares of Daimler and gave the company a buy rating in a report on Wednesday, April 3rd. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €57.74 ($67.14).
ETR DAI opened at €54.30 ($63.14) on Monday. Daimler has a 52 week low of €44.51 ($51.76) and a 52 week high of €68.64 ($79.81). The company has a debt-to-equity ratio of 228.26, a quick ratio of 0.85 and a current ratio of 1.23. The firm has a market cap of $58.09 billion and a PE ratio of 8.21.
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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