Daimler (ETR:DAI) PT Set at €45.00 by Nord/LB
Daimler (ETR:DAI) has been given a €45.00 ($52.94) price target by equities research analysts at Nord/LB in a research report issued on Friday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Nord/LB’s price objective would suggest a potential downside of 8.91% from the stock’s previous close.
Several other equities research analysts also recently commented on the stock. JPMorgan Chase & Co. set a €63.00 ($74.12) target price on shares of Daimler and gave the stock a “buy” rating in a research report on Monday, October 12th. Royal Bank of Canada set a €59.00 ($69.41) target price on shares of Daimler and gave the stock a “buy” rating in a research report on Wednesday. UBS Group set a €50.00 ($58.82) target price on shares of Daimler and gave the stock a “neutral” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft set a €60.00 ($70.59) target price on shares of Daimler and gave the stock a “buy” rating in a research report on Friday, October 9th. Finally, Morgan Stanley set a €48.00 ($56.47) target price on shares of Daimler and gave the stock a “buy” rating in a research report on Friday, August 14th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €49.28 ($57.97).
DAI opened at €49.40 ($58.12) on Friday. The company’s 50 day moving average is €45.51 and its 200-day moving average is €37.40. Daimler has a 1-year low of €21.02 ($24.72) and a 1-year high of €54.50 ($64.12). The company has a current ratio of 1.20, a quick ratio of 0.85 and a debt-to-equity ratio of 267.75. The company has a market cap of $52.85 billion and a P/E ratio of -177.06.
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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