Morgan Stanley set a €62.00 ($72.09) price target on Daimler (ETR:DAI) in a research note published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms also recently issued reports on DAI. Bank of America set a €65.00 ($75.58) price objective on shares of Daimler and gave the stock a buy rating in a report on Tuesday, May 14th. UBS Group set a €52.00 ($60.47) price objective on shares of Daimler and gave the stock a neutral rating in a report on Wednesday, July 24th. Kepler Capital Markets set a €52.00 ($60.47) price objective on shares of Daimler and gave the stock a neutral rating in a report on Friday, June 28th. Barclays set a €57.00 ($66.28) price objective on shares of Daimler and gave the stock a neutral rating in a report on Wednesday, July 17th. Finally, DZ Bank reaffirmed a sell rating on shares of Daimler in a report on Wednesday, July 24th. Six equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the company. Daimler presently has an average rating of Hold and an average target price of €55.50 ($64.53).
ETR DAI opened at €41.25 ($47.96) on Tuesday. Daimler has a 52-week low of €42.50 ($49.42) and a 52-week high of €60.00 ($69.77). The company has a debt-to-equity ratio of 249.44, a quick ratio of 0.76 and a current ratio of 1.12. The company has a market capitalization of $44.12 billion and a P/E ratio of 10.96. The company has a fifty day moving average of €46.24 and a 200-day moving average of €50.66.
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.
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