UBS AG set a €85.00 ($101.19) price target on Daimler AG (ETR:DAI) in a research report sent to investors on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
DAI has been the topic of a number of other research reports. Sanford C. Bernstein set a €85.00 ($101.19) price objective on shares of Daimler AG and gave the stock a buy rating in a report on Monday. J P Morgan Chase & Co set a €85.00 ($101.19) target price on shares of Daimler AG and gave the stock a buy rating in a research report on Friday, August 25th. Jefferies Group LLC set a €51.00 ($60.71) target price on shares of Daimler AG and gave the stock a sell rating in a research report on Tuesday, August 29th. Deutsche Bank AG restated a buy rating on shares of Daimler AG in a research report on Tuesday, July 11th. Finally, Morgan Stanley set a €68.00 ($80.95) target price on shares of Daimler AG and gave the stock a neutral rating in a research report on Monday, July 17th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of €72.00 ($85.71).
Shares of Daimler AG (ETR:DAI) opened at 65.965 on Tuesday. The stock has a market cap of €70.57 billion and a P/E ratio of 7.136. The firm’s 50-day moving average is €61.55 and its 200 day moving average is €65.62. Daimler AG has a 52-week low of €59.01 and a 52-week high of €73.20.
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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.
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