JPMorgan Chase & Co. set a €62.00 ($72.09) price target on Daimler (ETR:DAI) in a research report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other equities research analysts also recently issued reports on the stock. Kepler Capital Markets set a €53.00 ($61.63) price objective on shares of Daimler and gave the stock a neutral rating in a research report on Friday, January 10th. Jefferies Financial Group set a €40.00 ($46.51) price objective on shares of Daimler and gave the stock a sell rating in a research report on Tuesday, January 21st. UBS Group set a €47.00 ($54.65) price objective on shares of Daimler and gave the stock a neutral rating in a research report on Wednesday, January 29th. Independent Research set a €47.00 ($54.65) price objective on shares of Daimler and gave the stock a neutral rating in a research report on Thursday, January 23rd. Finally, Morgan Stanley set a €58.00 ($67.44) price objective on shares of Daimler and gave the stock a buy rating in a research report on Monday, December 16th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. Daimler currently has an average rating of Hold and a consensus price target of €49.61 ($57.69).

Shares of DAI stock opened at €43.25 ($50.28) on Tuesday. The firm has a fifty day moving average of €46.28 and a 200-day moving average of €47.34. The company has a quick ratio of 0.83, a current ratio of 1.22 and a debt-to-equity ratio of 254.49. Daimler has a 12-month low of €40.31 ($46.87) and a 12-month high of €60.00 ($69.77). The company has a market capitalization of $46.26 billion and a price-to-earnings ratio of 11.43.

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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