Daimler (ETR:DAI) has been assigned a €73.00 ($84.88) target price by Sanford C. Bernstein in a note issued to investors on Wednesday. The firm presently has a “neutral” rating on the stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 54.58% from the stock’s current price.
Several other research analysts have also weighed in on DAI. DZ Bank reiterated a “sell” rating on shares of Daimler in a research report on Friday, December 7th. Warburg Research set a €57.00 ($66.28) price target on Daimler and gave the stock a “neutral” rating in a research report on Thursday, December 6th. Morgan Stanley set a €60.00 ($69.77) price target on Daimler and gave the stock a “neutral” rating in a research report on Thursday, December 6th. HSBC set a €45.00 ($52.33) price target on Daimler and gave the stock a “sell” rating in a research report on Friday, November 30th. Finally, BNP Paribas set a €64.00 ($74.42) price target on Daimler and gave the stock a “buy” rating in a research report on Friday, November 16th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €62.48 ($72.65).
Shares of ETR:DAI traded up €0.12 ($0.14) during midday trading on Wednesday, hitting €47.23 ($54.91). The company had a trading volume of 4,194,112 shares, compared to its average volume of 4,430,000. Daimler has a twelve month low of €59.01 ($68.62) and a twelve 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.
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