Daimler AG (ETR:DAI) has earned a consensus recommendation of “Hold” from the twenty-four research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is €72.09 ($85.82).
A number of analysts recently issued reports on DAI shares. Sanford C. Bernstein set a €85.00 ($101.19) price target on Daimler AG and gave the stock a “buy” rating in a research report on Monday, June 26th. Deutsche Bank AG set a €90.00 ($107.14) price target on Daimler AG and gave the stock a “buy” rating in a research report on Friday, September 1st. Jefferies Group LLC set a €56.00 ($66.67) price target on Daimler AG and gave the stock a “sell” rating in a research report on Monday, July 3rd. Berenberg Bank set a €54.00 ($64.29) price target on Daimler AG and gave the stock a “sell” rating in a research report on Thursday, August 31st. Finally, Morgan Stanley set a €68.00 ($80.95) price target on Daimler AG and gave the stock a “neutral” rating in a research report on Tuesday, July 11th.
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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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