Daimler AG (DAI) Given a €69.00 Price Target by Independent Research GmbH Analysts
Daimler AG (ETR:DAI) has been assigned a €69.00 ($82.14) price target by equities research analysts at Independent Research GmbH in a note issued to investors on Friday. The brokerage currently has a “neutral” rating on the stock.
Several other equities research analysts have also recently weighed in on DAI. HSBC Holdings plc set a €73.00 ($86.90) target price on shares of Daimler AG and gave the company a “neutral” rating in a research note on Monday, May 22nd. Deutsche Bank AG set a €90.00 ($107.14) target price on shares of Daimler AG and gave the company a “buy” rating in a research note on Tuesday, May 23rd. Sanford C. Bernstein set a €85.00 ($101.19) target price on shares of Daimler AG and gave the company a “buy” rating in a research note on Tuesday, May 23rd. Goldman Sachs Group, Inc. (The) set a €81.00 ($96.43) target price on shares of Daimler AG and gave the company a “neutral” rating in a research note on Wednesday, May 24th. Finally, Barclays PLC set a €70.00 ($83.33) target price on shares of Daimler AG and gave the company a “neutral” rating in a research note on Wednesday, May 24th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the stock. Daimler AG has an average rating of “Hold” and an average price target of €72.09 ($85.82).
Shares of Daimler AG (DAI) opened at 66.344 on Friday. The company has a 50-day moving average price of €61.70 and a 200 day moving average price of €65.63. Daimler AG has a one year low of €59.01 and a one year high of €73.20. The company has a market capitalization of €70.97 billion and a price-to-earnings ratio of 7.177.
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Daimler AG Company Profile
Daimler AG, through its subsidiaries, engages in the development, production, and distribution of 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 segments.
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