Daimler AG (DDAIF) Given Average Recommendation of “Hold” by Analysts

Shares of Daimler AG (NASDAQ:DDAIF) have received an average recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company.

Several equities research analysts recently commented on DDAIF shares. Zacks Investment Research raised Daimler AG from a “hold” rating to a “buy” rating and set a $79.00 price objective on the stock in a research report on Wednesday, April 19th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Daimler AG in a research report on Friday, April 21st. Finally, Jefferies Group LLC cut Daimler AG from a “hold” rating to an “underperform” rating in a research report on Tuesday, April 18th.

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Daimler AG (NASDAQ:DDAIF) traded up 0.680% during mid-day trading on Monday, hitting $73.637. 3,745 shares of the stock traded hands. The firm has a market capitalization of $78.78 billion and a P/E ratio of 7.165. The company has a 50-day moving average of $74.31 and a 200 day moving average of $73.75. Daimler AG has a 1-year low of $56.56 and a 1-year high of $78.21.

Daimler AG Company Profile

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.

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