Several other brokerages also recently commented on DAI. Sanford C. Bernstein set a €85.00 ($101.19) target price on Daimler and gave the stock 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 stock a buy rating in a report on Wednesday, September 13th. Credit Suisse Group set a €79.00 ($94.05) price target on Daimler and gave the stock a neutral rating in a report on Wednesday, October 18th. Macquarie set a €75.00 ($89.29) price target on Daimler and gave the stock a neutral rating in a report on Monday, October 23rd. Finally, Independent Research set a €69.00 ($82.14) price target on Daimler and gave the stock a neutral rating in a report on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €73.96 ($88.04).
Shares of Daimler (ETR DAI) traded up €0.57 ($0.68) during midday trading on Tuesday, hitting €71.19 ($84.75). The stock had a trading volume of 2,920,000 shares, compared to its average volume of 13,155. Daimler has a one year low of €59.01 ($70.25) and a one year high of €73.62 ($87.64). The company has a market cap of $76,160.00 and a P/E ratio of 8.04.
Daimler Company Profile
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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