Daimler (DAI) Given a €85.00 Price Target at Sanford C. Bernstein
Daimler (ETR:DAI) received a €85.00 ($101.19) target price from stock analysts at Sanford C. Bernstein in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 22.11% from the stock’s current price.
A number of other research firms have also recently weighed in on DAI. DZ Bank reiterated a “neutral” rating on shares of Daimler in a research report on Tuesday, November 7th. Morgan Stanley set a €68.00 ($80.95) price objective on shares of Daimler and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Berenberg Bank set a €54.00 ($64.29) price objective on shares of Daimler and gave the company a “sell” rating in a research report on Monday, November 13th. UBS set a €85.00 ($101.19) price objective on shares of Daimler and gave the company a “buy” rating in a research report on Monday, November 27th. Finally, Goldman Sachs Group set a €84.00 ($100.00) price objective on shares of Daimler and gave the company a “buy” rating in a research report on Monday. Two equities research 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’s stock. The stock presently has an average rating of “Hold” and an average target price of €74.14 ($88.26).
Daimler (ETR DAI) opened at €69.61 ($82.87) on Wednesday. Daimler has a 1 year low of €59.01 ($70.25) and a 1 year high of €73.62 ($87.64).
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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