Daimler (ETR:DAI) Given a €92.00 Price Target by JPMorgan Chase & Co. Analysts

Daimler (ETR:DAI) received a €92.00 ($108.24) price target from stock analysts at JPMorgan Chase & Co. in a research note issued on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 18.88% from the company’s previous close.

DAI has been the subject of several other reports. Morgan Stanley set a €70.00 ($82.35) price objective on shares of Daimler and gave the stock a “buy” rating in a research note on Friday, February 19th. Jefferies Financial Group set a €95.00 ($111.76) target price on shares of Daimler and gave the company a “buy” rating in a research note on Thursday. Kepler Capital Markets set a €78.00 ($91.76) target price on shares of Daimler and gave the company a “buy” rating in a research note on Friday, February 19th. UBS Group set a €78.00 ($91.76) target price on shares of Daimler and gave the company a “neutral” rating in a research note on Thursday. Finally, Warburg Research set a €97.00 ($114.12) target price on shares of Daimler and gave the company a “buy” rating in a research note on Monday. One analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the stock. Daimler currently has an average rating of “Buy” and an average target price of €78.69 ($92.57).

ETR DAI opened at €77.39 ($91.05) on Monday. The company has a quick ratio of 0.85, a current ratio of 1.16 and a debt-to-equity ratio of 234.29. The company has a fifty day moving average of €72.51 and a two-hundred day moving average of €59.87. The firm has a market capitalization of $82.79 billion and a price-to-earnings ratio of 22.83. Daimler has a 52 week low of €26.30 ($30.94) and a 52 week high of €77.96 ($91.72).

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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Analyst Recommendations for Daimler (ETR:DAI)

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