Daimler AG (OTCMKTS:DDAIF) – Equities research analysts at Jefferies Group increased their FY2019 earnings estimates for Daimler in a report released on Monday. Jefferies Group analyst P. Houchois now expects that the company will post earnings per share of $11.52 for the year, up from their previous forecast of $10.38. Jefferies Group also issued estimates for Daimler’s FY2020 earnings at $11.98 EPS and FY2021 earnings at $12.56 EPS.

A number of other research firms also recently commented on DDAIF. Zacks Investment Research raised shares of Daimler from a “hold” rating to a “buy” rating and set a $104.00 target price on the stock in a research report on Wednesday, January 24th. ValuEngine downgraded shares of Daimler from a “strong-buy” rating to a “buy” rating in a research report on Monday. Finally, Credit Suisse Group began coverage on shares of Daimler in a research note on Wednesday, October 18th. They set a “neutral” rating for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $104.00.

Daimler (OTCMKTS:DDAIF) traded up $1.25 during midday trading on Thursday, hitting $86.55. 50,838 shares of the company were exchanged, compared to its average volume of 42,426. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.29 and a quick ratio of 0.98. The stock has a market cap of $92,710.00, a P/E ratio of 7.98, a price-to-earnings-growth ratio of 1.51 and a beta of 1.63. Daimler has a 1 year low of $69.33 and a 1 year high of $94.41.

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About Daimler

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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