Warburg Research Analysts Give Daimler AG (DAI) a €85.00 Price Target
A number of other research analysts have also recently issued reports on the company. J P Morgan Chase & Co reaffirmed a buy rating on shares of Daimler AG in a report on Monday, May 8th. Sanford C. Bernstein set a €85.00 ($97.70) price target on Daimler AG and gave the company a buy rating in a report on Monday, March 27th. Commerzbank Ag set a €90.00 ($103.45) price target on Daimler AG and gave the company a buy rating in a report on Thursday, March 23rd. Deutsche Bank AG reaffirmed a buy rating on shares of Daimler AG in a report on Tuesday, March 21st. Finally, Berenberg Bank set a €54.00 ($62.07) price target on Daimler AG and gave the company a sell rating in a report on Thursday, April 27th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of €74.02 ($85.08).
Daimler AG (ETR DAI) opened at 62.423 on Wednesday. The company has a market cap of €66.78 billion and a price-to-earnings ratio of 6.760. Daimler AG has a 12 month low of €58.04 and a 12 month high of €73.20. The company has a 50-day moving average of €64.81 and a 200-day moving average of €67.91.
About Daimler AG
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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