Daimler (ETR:DAI) Given a €62.00 Price Target by JPMorgan Chase & Co. Analysts

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JPMorgan Chase & Co. set a €62.00 ($72.09) target price on Daimler (ETR:DAI) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research firms have also issued reports on DAI. HSBC set a €45.00 ($52.33) target price on shares of Daimler and gave the stock a sell rating in a research note on Thursday, December 12th. Independent Research set a €47.00 ($54.65) price target on shares of Daimler and gave the stock a neutral rating in a report on Thursday, January 23rd. Oddo Bhf set a €46.00 ($53.49) price target on shares of Daimler and gave the stock a neutral rating in a report on Thursday, January 30th. Bank of America set a €55.00 ($63.95) price target on shares of Daimler and gave the stock a buy rating in a report on Tuesday, October 15th. Finally, Morgan Stanley set a €58.00 ($67.44) price target on shares of Daimler and gave the stock a buy rating in a report on Monday, December 16th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. Daimler presently has a consensus rating of Hold and an average price target of €49.61 ($57.69).

ETR DAI opened at €43.25 ($50.28) on Tuesday. Daimler has a 1 year low of €40.31 ($46.87) and a 1 year high of €60.00 ($69.77). The company has a debt-to-equity ratio of 254.49, a current ratio of 1.22 and a quick ratio of 0.83. The firm has a market cap of $46.26 billion and a price-to-earnings ratio of 11.43. The company has a fifty day moving average price of €46.28 and a 200-day moving average price of €47.34.

Daimler Company Profile

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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Analyst Recommendations for Daimler (ETR:DAI)

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