Daimler (ETR:DAI) received a €76.00 ($88.37) target price from stock analysts at JPMorgan Chase & Co. in a report released on Thursday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 49.72% from the stock’s previous close.
DAI has been the topic of a number of other reports. Morgan Stanley set a €70.00 ($81.40) price target on Daimler and gave the stock a “neutral” rating in a research report on Tuesday, September 11th. Deutsche Bank set a €80.00 ($93.02) price objective on shares of Daimler and gave the company a “buy” rating in a report on Friday, September 7th. Credit Suisse Group set a €77.00 ($89.53) price objective on shares of Daimler and gave the company a “neutral” rating in a report on Wednesday, July 18th. Sanford C. Bernstein set a €73.00 ($84.88) price objective on shares of Daimler and gave the company a “neutral” rating in a report on Monday, September 17th. Finally, Jefferies Financial Group set a €58.00 ($67.44) price objective on shares of Daimler and gave the company a “neutral” rating in a report on Friday, October 5th. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. Daimler has a consensus rating of “Hold” and an average price target of €64.78 ($75.33).
Shares of DAI stock opened at €50.76 ($59.02) on Thursday. Daimler has a 12-month low of €59.01 ($68.62) and a 12-month high of €76.36 ($88.79).
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 segments. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
See Also: Return on Investment (ROI)
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