Daimler (ETR:DAI) has been assigned a €84.00 ($100.00) price target by analysts at Goldman Sachs Group in a report released on Monday. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price target would indicate a potential upside of 19.97% from the company’s previous close.
Several other brokerages have also weighed in on DAI. Sanford C. Bernstein set a €85.00 ($101.19) price target on Daimler and gave the company a “buy” rating in a research note on Monday, September 4th. Deutsche Bank set a €90.00 ($107.14) price target on Daimler and gave the company a “buy” rating in a research note on Wednesday, September 13th. Credit Suisse Group set a €79.00 ($94.05) price objective on Daimler and gave the stock a “neutral” rating in a report on Wednesday, October 18th. Warburg Research set a €74.00 ($88.10) price objective on Daimler and gave the stock a “neutral” rating in a report on Monday, October 16th. Finally, Macquarie set a €75.00 ($89.29) price objective on Daimler and gave the stock a “neutral” rating in a report on Monday, October 23rd. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of €74.14 ($88.26).
Daimler (ETR DAI) opened at €70.02 ($83.36) on Monday. Daimler has a 52 week low of €59.01 ($70.25) and a 52 week high of €73.62 ($87.64).
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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