Daimler (ETR:DAI) Given a €55.00 Price Target by Deutsche Bank Analysts

Deutsche Bank set a €55.00 ($63.95) price objective on Daimler (ETR:DAI) in a research note released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

DAI has been the topic of several other research reports. Barclays set a €54.00 ($62.79) price target on Daimler and gave the stock a neutral rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. set a €69.00 ($80.23) price target on Daimler and gave the stock a buy rating in a research note on Thursday, October 24th. DZ Bank reissued a sell rating on shares of Daimler in a research note on Thursday, October 24th. Kepler Capital Markets set a €49.00 ($56.98) price target on Daimler and gave the stock a buy rating in a research note on Friday, August 30th. Finally, Independent Research set a €54.00 ($62.79) price target on Daimler and gave the stock a neutral rating in a research note on Thursday, October 24th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of €53.45 ($62.15).

Shares of ETR:DAI opened at €53.66 ($62.40) on Friday. The business’s 50 day simple moving average is €47.15 and its 200-day simple moving average is €48.73. The firm has a market capitalization of $57.29 billion and a price-to-earnings ratio of 14.19. The company has a debt-to-equity ratio of 254.49, a current ratio of 1.22 and a quick ratio of 0.83. Daimler has a 12 month low of €40.31 ($46.87) and a 12 month high of €60.00 ($69.77).

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 causes a recession?

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.