Daimler (DAI) Given a €75.00 Price Target at Warburg Research

Warburg Research set a €75.00 ($89.29) price target on Daimler (ETR:DAI) in a research report sent to investors on Tuesday. The firm currently has a neutral rating on the stock.

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.

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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.

Analyst Recommendations for Daimler (ETR:DAI)

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