Royal Bank of Canada set a €82.00 ($96.47) price objective on Daimler (ETR:DAI) in a report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also issued reports on DAI. Morgan Stanley set a €70.00 ($82.35) price target on Daimler and gave the stock a buy rating in a research note on Friday, February 19th. DZ Bank reissued a buy rating on shares of Daimler in a research note on Tuesday, March 23rd. Barclays set a €96.00 ($112.94) price target on Daimler and gave the stock a buy rating in a research note on Friday, March 12th. Jefferies Financial Group set a €95.00 ($111.76) price target on Daimler and gave the stock a buy rating in a research note on Monday, March 29th. Finally, Sanford C. Bernstein set a €90.00 ($105.88) price target on Daimler and gave the stock a buy rating in a research note on Monday, February 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Daimler has an average rating of Buy and a consensus price target of €70.41 ($82.84).
Shares of ETR:DAI opened at €75.48 ($88.80) on Tuesday. The stock’s 50-day moving average price is €70.69 and its two-hundred day moving average price is €58.33. The company has a current ratio of 1.16, a quick ratio of 0.85 and a debt-to-equity ratio of 234.29. Daimler has a 12-month low of €25.75 ($30.29) and a 12-month high of €76.28 ($89.74). The firm has a market cap of $80.75 billion and a price-to-earnings ratio of 22.27.
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 & Vans, Daimler Trucks and Buses, and Daimler Mobility segments. The Mercedes-Benz Cars segment offers premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ brands; small cars under the smart brand name; and ecosystem of Mercedes-Benz under the Mercedes me brand, as well as vans and related services under the Mercedes-Benz and Freightliner brands.
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