Daimler AG (DAI) PT Set at €68.00 by Morgan Stanley

Daimler AG (ETR:DAI) has been given a €68.00 ($75.56) price target by Morgan Stanley in a research report issued to clients and investors on Wednesday, June 14th. The firm presently has a “neutral” rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. Commerzbank Ag set a €90.00 ($100.00) price objective on shares of Daimler AG and gave the company a “buy” rating in a research note on Tuesday, March 7th. Sanford C. Bernstein set a €85.00 ($94.44) price objective on shares of Daimler AG and gave the company a “buy” rating in a research note on Thursday, April 6th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Daimler AG in a research note on Tuesday, March 21st. Goldman Sachs Group, Inc. (The) set a €81.00 ($90.00) price target on shares of Daimler AG and gave the company a “neutral” rating in a report on Wednesday, May 24th. Finally, Nord/LB set a €78.00 ($86.67) price target on shares of Daimler AG and gave the company a “buy” rating in a report on Wednesday, April 26th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of €73.58 ($81.76).

Analyst Recommendations for Daimler AG (ETR:DAI)

Shares of Daimler AG (ETR DAI) traded up 0.361% on Wednesday, reaching €65.588. 3,713 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is €66.65 and its 200 day moving average price is €68.63. Daimler AG has a 12 month low of €50.89 and a 12 month high of €73.20. The company has a market cap of €70.17 billion and a price-to-earnings ratio of 7.103.

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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.

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