Daimler AG (DAI) Receives €74.00 Average Target Price from Analysts

Shares of Daimler AG (ETR:DAI) have received a consensus rating of “Hold” from the twenty-three analysts that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is €74.00 ($88.10).

DAI has been the topic of several recent analyst reports. Deutsche Bank set a €90.00 ($107.14) price objective on shares of Daimler and gave the company a “buy” rating in a research report on Friday, September 1st. J P Morgan Chase & Co set a €85.00 ($101.19) price objective on shares of Daimler and gave the company a “buy” rating in a research report on Friday, August 25th. Sanford C. Bernstein set a €85.00 ($101.19) price objective on shares of Daimler and gave the company a “buy” rating in a research report on Tuesday, October 3rd. UBS set a €85.00 ($101.19) price objective on shares of Daimler and gave the company a “buy” rating in a research report on Friday, October 6th. Finally, Morgan Stanley set a €68.00 ($80.95) price objective on shares of Daimler and gave the company a “neutral” rating in a research report on Monday, October 9th.

Daimler (ETR DAI) traded down €1.23 ($1.46) during trading on Thursday, hitting €68.29 ($81.30). 5,010,000 shares of the stock traded hands, compared to its average volume of 3,070,000. Daimler has a 52-week low of €59.01 ($70.25) and a 52-week high of €73.62 ($87.64).

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Daimler Company Profile

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 (ETR:DAI)

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