Daimler (ETR:DAI) Given a €50.00 Price Target at Barclays
Barclays set a €50.00 ($58.14) price objective on Daimler (ETR:DAI) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research firms have also recently commented on DAI. Deutsche Bank set a €50.00 ($58.14) target price on Daimler and gave the stock a neutral rating in a research note on Monday, January 27th. Oddo Bhf set a €46.00 ($53.49) target price on Daimler and gave the stock a neutral rating in a research note on Thursday, January 30th. Goldman Sachs Group set a €38.00 ($44.19) target price on Daimler and gave the stock a sell rating in a research note on Tuesday. Royal Bank of Canada set a €62.00 ($72.09) target price on Daimler and gave the stock a buy rating in a research note on Tuesday, January 28th. Finally, Credit Suisse Group set a €55.00 ($63.95) target price on Daimler and gave the stock a neutral rating in a research note on Friday, October 25th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of €49.61 ($57.69).
ETR DAI opened at €43.07 ($50.08) on Tuesday. The business has a 50 day simple moving average of €46.15 and a 200 day simple moving average of €47.33. Daimler has a one year low of €40.31 ($46.87) and a one year high of €60.00 ($69.77). The stock has a market capitalization of $46.07 billion and a P/E ratio of 11.39. The company has a debt-to-equity ratio of 254.49, a current ratio of 1.22 and a quick ratio of 0.83.
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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