Daimler AG (DAI) Given Average Rating of “Hold” by Brokerages

Shares of Daimler AG (ETR:DAI) have received an average rating of “Hold” from the twenty-seven ratings firms that are currently covering the firm. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is €72.30 ($79.45).

Several brokerages have recently commented on DAI. Kepler Capital Markets set a €73.00 ($80.22) target price on Daimler AG and gave the stock a “neutral” rating in a report on Monday, May 8th. HSBC Holdings plc set a €70.00 ($76.92) price objective on Daimler AG and gave the stock a “neutral” rating in a report on Monday, April 24th. Warburg Research set a €85.00 ($93.41) target price on shares of Daimler AG and gave the company a “buy” rating in a research report on Wednesday, April 26th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Daimler AG in a research report on Monday, May 8th. Finally, Independent Research GmbH set a €74.00 ($81.32) target price on shares of Daimler AG and gave the company a “neutral” rating in a research report on Thursday, February 2nd.

Daimler AG (ETR:DAI) opened at 67.889 on Monday. The firm’s 50 day moving average price is €67.75 and its 200 day moving average price is €68.31. The stock has a market cap of €72.63 billion and a price-to-earnings ratio of 7.352. Daimler AG has a one year low of €50.89 and a one year high of €73.20.

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About Daimler AG

Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.

12 Month Chart for ETR:DAI

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