Jefferies Financial Group Analysts Give Daimler (ETR:DAI) a €53.00 Price Target
Jefferies Financial Group set a €53.00 ($62.35) price objective on Daimler (ETR:DAI) in a research report report published on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities research analysts have also recently weighed in on DAI. Morgan Stanley set a €48.00 ($56.47) target price on Daimler and gave the stock a buy rating in a report on Friday, August 14th. JPMorgan Chase & Co. set a €63.00 ($74.12) target price on Daimler and gave the stock a buy rating in a report on Monday, October 12th. Independent Research set a €49.00 ($57.65) target price on Daimler and gave the stock a neutral rating in a report on Thursday, October 8th. Barclays set a €45.00 ($52.94) price target on Daimler and gave the stock a neutral rating in a research report on Monday, July 27th. Finally, Royal Bank of Canada set a €59.00 ($69.41) price target on Daimler and gave the stock a buy rating in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €49.28 ($57.97).
Shares of DAI stock opened at €49.40 ($58.12) on Friday. Daimler has a twelve month low of €21.02 ($24.72) and a twelve month high of €54.50 ($64.12). The stock has a market capitalization of $52.85 billion and a price-to-earnings ratio of -177.06. The stock has a fifty day simple moving average of €45.51 and a two-hundred day simple moving average of €37.40. The company has a current ratio of 1.20, a quick ratio of 0.85 and a debt-to-equity ratio of 267.75.
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 Story: What is a growth and income fund?
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.