Daimler (ETR:DAI) has been given a €52.00 ($60.47) price objective by equities researchers at UBS Group in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target indicates a potential downside of 2.68% from the stock’s current price.
A number of other research firms have also commented on DAI. HSBC set a €45.00 ($52.33) price target on Daimler and gave the stock a “neutral” rating in a report on Monday, October 7th. Deutsche Bank set a €55.00 ($63.95) price target on Daimler and gave the stock a “buy” rating in a report on Friday, November 1st. Bank of America set a €55.00 ($63.95) price target on Daimler and gave the stock a “buy” rating in a report on Tuesday, October 15th. Kepler Capital Markets set a €49.00 ($56.98) price objective on Daimler and gave the company a “buy” rating in a research note on Friday, August 30th. Finally, Jefferies Financial Group set a €40.00 ($46.51) price objective on Daimler and gave the company a “sell” rating in a research note on Thursday, October 24th. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. Daimler has an average rating of “Hold” and a consensus target price of €53.00 ($61.63).
Daimler stock opened at €53.43 ($62.13) on Tuesday. Daimler has a one year low of €40.31 ($46.87) and a one year high of €60.00 ($69.77). The business has a fifty day moving average price of €48.23 and a 200-day moving average price of €48.60. The company has a debt-to-equity ratio of 254.49, a current ratio of 1.22 and a quick ratio of 0.83. The firm has a market capitalization of $56.83 billion and a P/E ratio of 14.13.
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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