Daimler AG (DAI) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Daimler AG (ETR:DAI) have been assigned a consensus rating of “Hold” from the twenty-four analysts that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is €72.09 ($85.82).

A number of brokerages have recently issued reports on DAI. UBS AG set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a “buy” rating in a research note on Wednesday, July 26th. Sanford C. Bernstein set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a “buy” rating in a research note on Wednesday, August 16th. J P Morgan Chase & Co set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a “buy” rating in a research note on Monday, June 12th. Jefferies Group LLC set a €56.00 ($66.67) price objective on Daimler AG and gave the stock a “sell” rating in a research note on Monday, July 3rd. Finally, equinet AG set a €84.00 ($100.00) price objective on Daimler AG and gave the stock a “buy” rating in a research note on Friday, July 14th.

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Shares of Daimler AG (ETR DAI) traded up 0.893% during trading on Friday, reaching €66.344. The company’s stock had a trading volume of 29,619 shares. Daimler AG has a 52 week low of €59.01 and a 52 week high of €73.20. The company has a market cap of €70.97 billion and a PE ratio of 7.177. The stock’s 50 day moving average price is €61.70 and its 200 day moving average price is €65.63.

About Daimler AG

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.

Analyst Recommendations for Daimler AG (ETR:DAI)

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