Citigroup Inc. Reiterates €74.50 Price Target for Daimler AG (DAI)
DAI has been the subject of a number of other reports. Sanford C. Bernstein set a €85.00 ($97.70) price objective on Daimler AG and gave the company a buy rating in a research report on Thursday, April 6th. Deutsche Bank AG reaffirmed a buy rating on shares of Daimler AG in a research report on Tuesday, March 21st. Goldman Sachs Group, Inc. (The) set a €81.00 ($93.10) price objective on Daimler AG and gave the company a neutral rating in a research report on Wednesday, May 24th. Commerzbank Ag set a €90.00 ($103.45) price objective on Daimler AG and gave the company a buy rating in a research report on Thursday, March 23rd. Finally, Nord/LB set a €78.00 ($89.66) price objective on Daimler AG and gave the company a buy rating in a research report on Wednesday, April 26th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the stock. Daimler AG has a consensus rating of Hold and a consensus target price of €74.06 ($85.13).
Daimler AG (ETR DAI) opened at 64.29 on Thursday. The firm has a market capitalization of €68.78 billion and a price-to-earnings ratio of 6.96. Daimler AG has a one year low of €50.88 and a one year high of €73.19. The stock’s 50 day moving average price is €66.12 and its 200-day moving average price is €68.56.
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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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