Daimler (DAI) Given a €77.00 Price Target at Independent Research
Daimler (ETR:DAI) received a €77.00 ($95.06) price objective from analysts at Independent Research in a note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. Independent Research’s price objective points to a potential upside of 6.89% from the stock’s current price.
A number of other equities research analysts also recently weighed in on the company. Sanford C. Bernstein set a €85.00 ($104.94) target price on Daimler and gave the stock a “buy” rating in a report on Thursday. Deutsche Bank set a €90.00 ($111.11) target price on Daimler and gave the stock a “buy” rating in a report on Wednesday. DZ Bank reiterated a “neutral” rating on shares of Daimler in a report on Tuesday. Morgan Stanley reiterated a “neutral” rating on shares of Daimler in a report on Monday. Finally, Barclays set a €82.00 ($101.23) target price on Daimler and gave the stock a “neutral” rating in a report on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €76.00 ($93.83).
Shares of Daimler (ETR:DAI) opened at €72.04 ($88.94) on Thursday. The firm has a market capitalization of $76,930.00 and a P/E ratio of 7.32. Daimler has a 1-year low of €59.01 ($72.85) and a 1-year high of €76.36 ($94.27).
Daimler AG, through its subsidiaries, engages in the development, production, and distribution of 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 segments.
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