Daimler AG (DAI) Given a €85.00 Price Target by UBS AG Analysts
Daimler AG (ETR:DAI) received a €85.00 ($100.00) target price from analysts at UBS AG in a research note issued to investors on Monday. The firm presently has a “buy” rating on the stock. UBS AG’s price target would suggest a potential upside of 21.72% from the company’s current price.
Several other research firms also recently commented on DAI. DZ Bank AG reaffirmed a “neutral” rating on shares of Daimler in a report on Tuesday, November 7th. Morgan Stanley set a €68.00 ($80.00) price target on shares of Daimler and gave the stock a “neutral” rating in a report on Wednesday, November 8th. Sanford C. Bernstein set a €85.00 ($100.00) price target on shares of Daimler and gave the stock a “buy” rating in a report on Thursday, November 9th. Berenberg Bank set a €54.00 ($63.53) price target on shares of Daimler and gave the stock a “sell” rating in a report on Monday, November 13th. Finally, Jefferies Group LLC set a €51.00 ($60.00) price target on shares of Daimler and gave the stock a “sell” rating in a report on Tuesday, August 29th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of €74.00 ($87.06).
Shares of Daimler (ETR:DAI) opened at €69.83 ($82.15) on Monday. Daimler has a fifty-two week low of €59.01 ($69.42) and a fifty-two week high of €73.62 ($86.61).
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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