Daimler (ETR:DAI) received a €69.00 ($80.23) price objective from JPMorgan Chase & Co. in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 35.37% from the stock’s previous close.
A number of other research firms have also recently weighed in on DAI. Sanford C. Bernstein set a €73.00 ($84.88) price objective on Daimler and gave the stock a “neutral” rating in a research report on Wednesday, February 27th. Deutsche Bank set a €80.00 ($93.02) price objective on Daimler and gave the stock a “buy” rating in a research report on Wednesday, November 14th. Morgan Stanley set a €60.00 ($69.77) price objective on Daimler and gave the stock a “buy” rating in a research report on Friday, February 1st. Credit Suisse Group set a €58.00 ($67.44) target price on Daimler and gave the stock a “neutral” rating in a research note on Tuesday, February 5th. Finally, Independent Research set a €53.00 ($61.63) target price on Daimler and gave the stock a “neutral” rating in a research note on Wednesday, February 6th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of €59.41 ($69.08).
Daimler stock opened at €50.97 ($59.27) on Wednesday. Daimler has a 1-year low of €59.01 ($68.62) and a 1-year high of €76.36 ($88.79).
Daimler Company Profile
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 divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.
Read More: What are the benefits of a balanced fund?
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.