Royal Bank of Canada set a €64.00 ($75.29) target price on Daimler (ETR:DAI) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities analysts also recently weighed in on DAI. Citigroup set a €25.00 ($29.41) target price on shares of Daimler and gave the stock a sell rating in a research note on Wednesday, July 1st. Nord/LB set a €47.00 ($55.29) target price on shares of Daimler and gave the stock a neutral rating in a research note on Friday, October 23rd. JPMorgan Chase & Co. set a €63.00 ($74.12) target price on shares of Daimler and gave the stock a buy rating in a research note on Monday. Barclays set a €45.00 ($52.94) price objective on shares of Daimler and gave the company a neutral rating in a research note on Monday, July 27th. Finally, The Goldman Sachs Group set a €60.00 ($70.59) price objective on shares of Daimler and gave the company a buy rating in a research note on Monday. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of €51.47 ($60.55).
DAI opened at €44.23 ($52.03) on Tuesday. The company has a market capitalization of $47.31 billion and a price-to-earnings ratio of -158.58. The company has a quick ratio of 0.85, a current ratio of 1.20 and a debt-to-equity ratio of 267.75. The firm has a 50-day moving average price of €46.87 and a 200-day moving average price of €38.81. Daimler has a twelve month low of €21.02 ($24.72) and a twelve month high of €54.50 ($64.12).
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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