Daimler (ETR:DAI) has been assigned a €82.00 ($97.62) price objective by equities researchers at Credit Suisse Group in a research note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock. Credit Suisse Group’s target price would indicate a potential upside of 10.51% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. Citigroup set a €76.00 ($90.48) target price on Daimler and gave the stock a “neutral” rating in a report on Monday. Kepler Capital Markets set a €68.00 ($80.95) target price on Daimler and gave the stock a “neutral” rating in a report on Tuesday, October 17th. Independent Research set a €70.00 ($83.33) target price on Daimler and gave the stock a “neutral” rating in a report on Monday, October 16th. Barclays set a €70.00 ($83.33) target price on Daimler and gave the stock a “neutral” rating in a report on Friday, September 29th. Finally, JPMorgan Chase & Co. set a €85.00 ($101.19) price objective on Daimler and gave the company a “buy” rating in a research note on Monday, October 16th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of €74.48 ($88.66).
Shares of Daimler (ETR DAI) opened at €74.20 ($88.33) on Tuesday. The firm has a market capitalization of $79,180.00 and a P/E ratio of 8.38. Daimler has a 1-year low of €59.01 ($70.25) and a 1-year high of €74.71 ($88.94).
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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