Sanford C. Bernstein Analysts Give Daimler (DAI) a €73.00 Price Target
Daimler (ETR:DAI) has been given a €73.00 ($84.88) price target by investment analysts at Sanford C. Bernstein in a report released on Wednesday. The firm currently has a “neutral” rating on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 38.84% from the company’s current price.
Other equities analysts have also issued reports about the company. equinet set a €71.00 ($82.56) price target on Daimler and gave the company a “buy” rating in a research note on Friday, June 22nd. Kepler Capital Markets set a €73.00 ($84.88) price target on Daimler and gave the company a “neutral” rating in a research note on Thursday, June 21st. JPMorgan Chase & Co. set a €85.00 ($98.84) price target on Daimler and gave the company a “buy” rating in a research note on Thursday, July 26th. UBS Group set a €92.00 ($106.98) price target on Daimler and gave the company a “buy” rating in a research note on Thursday, July 26th. Finally, Deutsche Bank set a €90.00 ($104.65) price target on Daimler and gave the company a “buy” rating in a research note on Thursday, June 21st. Four analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €67.00 ($77.91).
Shares of DAI opened at €52.58 ($61.14) on Wednesday. Daimler has a 52-week low of €59.01 ($68.62) and a 52-week high of €76.36 ($88.79).
Daimler AG, together its subsidiaries, develops and manufactures 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. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
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