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

Daimler AG (ETR:DAI) has earned an average rating of “Hold” from the twenty-four ratings firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is €69.22 ($80.49).

A number of brokerages recently issued reports on DAI. Kepler Capital Markets set a €73.00 ($84.88) price target on shares of Daimler and gave the stock a “neutral” rating in a research note on Thursday, June 21st. equinet set a €71.00 ($82.56) price target on shares of Daimler and gave the stock a “buy” rating in a research note on Friday, June 22nd. JPMorgan Chase & Co. set a €85.00 ($98.84) price target on shares of Daimler and gave the stock a “buy” rating in a research note on Thursday, July 26th. UBS Group set a €92.00 ($106.98) price target on shares of Daimler and gave the stock a “buy” rating in a research note on Thursday, July 26th. Finally, Sanford C. Bernstein set a €73.00 ($84.88) price objective on shares of Daimler and gave the stock a “neutral” rating in a report on Thursday, August 9th.

Shares of ETR:DAI traded up €0.76 ($0.88) during midday trading on Thursday, reaching €55.59 ($64.64). The company had a trading volume of 3,884,896 shares, compared to its average volume of 4,430,000. Daimler has a one year low of €59.01 ($68.62) and a one year high of €76.36 ($88.79).

About Daimler

Daimler AG, together its subsidiaries, develops and manufactures 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. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.

See Also: Average Daily Trade Volume Explained

Analyst Recommendations for Daimler (ETR:DAI)

Receive News & Ratings for Daimler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply