Daimler (ETR:DAI) PT Set at €40.00 by Warburg Research
Warburg Research set a €40.00 ($44.94) price objective on Daimler (ETR:DAI) in a report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts also recently issued research reports about the company. Royal Bank of Canada set a €41.00 ($46.07) price target on Daimler and gave the company a buy rating in a research report on Wednesday, July 1st. JPMorgan Chase & Co. set a €45.00 ($50.56) price objective on Daimler and gave the company a buy rating in a report on Thursday, July 2nd. Deutsche Bank set a €35.00 ($39.33) target price on Daimler and gave the stock a neutral rating in a research report on Monday, May 4th. Citigroup set a €25.00 ($28.09) price target on shares of Daimler and gave the company a sell rating in a research report on Wednesday, July 1st. Finally, Jefferies Financial Group set a €46.00 ($51.69) price objective on shares of Daimler and gave the stock a buy rating in a report on Thursday, June 18th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of €40.33 ($45.32).
ETR DAI opened at €37.29 ($41.90) on Friday. Daimler has a 52-week low of €21.02 ($23.61) and a 52-week high of €54.50 ($61.24). The company has a debt-to-equity ratio of 250.65, a quick ratio of 0.82 and a current ratio of 1.19. The company has a market capitalization of $39.23 billion and a P/E ratio of 104.79. The company has a fifty day moving average of €36.01 and a 200-day moving average of €36.51.
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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