Daimler (ETR:DAI) received a €47.00 ($54.65) price target from analysts at Nord/LB in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Nord/LB’s price objective suggests a potential upside of 3.38% from the company’s current price.
Several other equities research analysts have also commented on the stock. Morgan Stanley set a €58.00 ($67.44) price target on shares of Daimler and gave the company a “buy” rating in a report on Monday, December 16th. Bank of America set a €55.00 ($63.95) target price on shares of Daimler and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Warburg Research set a €51.00 ($59.30) target price on shares of Daimler and gave the stock a “neutral” rating in a research note on Friday, November 15th. Jefferies Financial Group set a €40.00 ($46.51) target price on shares of Daimler and gave the stock a “sell” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. set a €62.00 ($72.09) target price on shares of Daimler and gave the stock a “buy” rating in a research note on Wednesday. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. Daimler currently has an average rating of “Hold” and an average price target of €51.94 ($60.40).
ETR:DAI opened at €45.47 ($52.87) on Wednesday. Daimler has a one year low of €40.31 ($46.87) and a one year high of €60.00 ($69.77). The company has a debt-to-equity ratio of 254.49, a quick ratio of 0.83 and a current ratio of 1.22. The firm has a market cap of $49.64 billion and a price-to-earnings ratio of 12.02. The firm’s fifty day moving average is €49.23 and its two-hundred day moving average is €47.82.
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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