Warburg Research set a €56.00 ($65.88) price target on Daimler (ETR:DAI) in a report published on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research analysts have also recently commented on the stock. 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 report on Wednesday. Goldman Sachs Group set a €60.00 ($70.59) target price on shares of Daimler and gave the stock a buy rating in a report on Tuesday, October 13th. Nord/LB set a €45.00 ($52.94) target price on shares of Daimler and gave the stock a neutral rating in a report on Friday. JPMorgan Chase & Co. set a €63.00 ($74.12) target price on shares of Daimler and gave the stock a buy rating in a report on Monday, October 12th. Finally, Independent Research set a €49.00 ($57.65) target price on shares of Daimler and gave the stock a neutral rating in a report on Thursday, October 8th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company. Daimler has an average rating of Hold and a consensus target price of €49.28 ($57.97).

Daimler stock opened at €49.40 ($58.12) on Friday. The stock has a market capitalization of $52.85 billion and a PE ratio of -177.06. Daimler has a twelve month low of €21.02 ($24.72) and a twelve month high of €54.50 ($64.12). 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 50 day moving average of €45.51 and a 200-day moving average of €37.40.

Daimler Company Profile

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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Analyst Recommendations for Daimler (ETR:DAI)

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