Daimler (ETR:DAI) Given a €45.00 Price Target at Nord/LB
Nord/LB set a €45.00 ($52.94) target price on Daimler (ETR:DAI) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts also recently commented on the company. Royal Bank of Canada set a €59.00 ($69.41) target price on Daimler and gave the company a buy rating in a report on Wednesday. Morgan Stanley set a €48.00 ($56.47) target price on Daimler and gave the company a buy rating in a report on Friday, August 14th. DZ Bank restated a sell rating on shares of Daimler in a report on Monday, August 17th. Goldman Sachs Group set a €60.00 ($70.59) target price on Daimler and gave the company a buy rating in a report on Tuesday, October 13th. Finally, UBS Group set a €50.00 ($58.82) target price on Daimler and gave the company a neutral rating in a report on Thursday. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company’s stock. Daimler currently has a consensus rating of Hold and an average price target of €49.28 ($57.97).
Shares of Daimler stock opened at €49.40 ($58.12) on Friday. The company has a quick ratio of 0.85, a current ratio of 1.20 and a debt-to-equity ratio of 267.75. The company has a market cap of $52.85 billion and a PE ratio of -177.06. The business has a 50 day moving average of €45.51 and a 200 day moving average of €37.40. Daimler has a 52 week low of €21.02 ($24.72) and a 52 week high of €54.50 ($64.12).
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 divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.
Featured Article: Google Finance Portfolio Tips and Tricks
Receive News & Ratings for Daimler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler and related companies with MarketBeat.com's FREE daily email newsletter.