Daimler AG (ETR: DAI)‘s stock had its “hold” rating reiterated by investment analysts at Equinet Institutional Services in a note issued to investors on Wednesday. They currently have a $56.58 (€43) target price on the stock.

Shares of Daimler AG traded up 2.39% during mid-day trading on Wednesday, hitting €42.416. Daimler AG has a one year low of €32.875 and a one year high of €48.921. The stock’s 50-day moving average is currently €38.87.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Daimler AG in a research note to investors on Tuesday, December 18th. They now have a $52.63 price target on the stock. Separately, analysts at AlphaValue reiterated an “add” rating on shares of Daimler AG in a research note to investors on Thursday, December 13th. They now have a $57.66 price target on the stock. Finally, analysts at Bankhaus Lampe reiterated a “hold” rating on shares of Daimler AG in a research note to investors on Thursday, December 6th. They now have a $48.05 price target on the stock.

Daimler AG is a Germany-based company that develops, manufactures and distributes a range of automotive products, mainly passenger cars, trucks, vans and buses, as well as manages the Daimler Group.

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