Daimler AG (DAI) PT Set at €65.00 by HSBC
Daimler AG (ETR:DAI) has been assigned a €65.00 ($71.43) price target by stock analysts at HSBC in a research report issued on Friday. The brokerage currently has a a “neutral” rating on the stock.
Several other equities research analysts have also recently issued reports on the stock. Citigroup Inc. reaffirmed a “buy” rating on shares of Daimler AG in a research report on Tuesday, July 12th. BNP Paribas set a €50.00 ($54.95) price objective on shares of Daimler AG and gave the stock a “sell” rating in a research report on Friday, July 29th. Oddo Securities set a €84.00 ($92.31) price objective on shares of Daimler AG and gave the stock a “buy” rating in a research report on Friday, June 24th. JPMorgan Chase & Co. set a €75.00 ($82.42) price objective on shares of Daimler AG and gave the stock a “buy” rating in a research report on Monday, July 25th. Finally, Morgan Stanley reissued a “neutral” rating and issued a price target on shares of Daimler AG in a research report on Thursday, July 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have given a buy rating to the company’s stock. Daimler AG currently has an average rating of “Buy” and a consensus target price of €72.92 ($80.13).
Shares of Daimler AG (ETR:DAI) opened at 63.965 on Friday. The stock’s 50 day moving average is €62.81 and its 200 day moving average is €60.54. Daimler AG has a 1-year low of €50.89 and a 1-year high of €85.42. The stock has a market capitalization of €68.43 billion and a price-to-earnings ratio of 8.587.
Daimler AG Company Profile
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.
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