Daimler (ETR:DAI) Given a €56.00 Price Target by Warburg Research Analysts
Daimler (ETR:DAI) has been given a €56.00 ($65.88) target price by equities research analysts at Warburg Research in a report issued on Friday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Warburg Research’s price target points to a potential upside of 13.36% from the stock’s current price.
DAI has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft set a €60.00 ($70.59) target price on shares of Daimler and gave the company a “buy” rating in a research note on Friday, October 9th. UBS Group set a €50.00 ($58.82) target price on shares of Daimler and gave the company a “neutral” rating in a research note on Thursday. Sanford C. Bernstein set a €60.00 ($70.59) price target on shares of Daimler and gave the company a “buy” rating in a report on Wednesday, October 7th. Oddo Bhf set a €40.00 ($47.06) price target on shares of Daimler and gave the company a “neutral” rating in a report on Friday, July 24th. Finally, DZ Bank reiterated a “sell” rating on shares of Daimler in a report on Monday, August 17th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €49.28 ($57.97).
Shares of ETR:DAI opened at €49.40 ($58.12) on Friday. Daimler has a 52 week low of €21.02 ($24.72) and a 52 week high of €54.50 ($64.12). The company has a debt-to-equity ratio of 267.75, a quick ratio of 0.85 and a current ratio of 1.20. The company has a market capitalization of $52.85 billion and a PE ratio of -177.06. The company has a 50 day moving average price of €45.51 and a two-hundred day moving average price of €37.40.
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.
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