Independent Research set a €46.00 ($53.49) target price on Daimler (ETR:DAI) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research analysts also recently commented on the stock. Oddo Bhf set a €46.00 ($53.49) target price on shares of Daimler and gave the company a neutral rating in a research report on Thursday, January 30th. Goldman Sachs Group set a €38.00 ($44.19) target price on shares of Daimler and gave the company a sell rating in a research report on Tuesday. Barclays set a €50.00 ($58.14) target price on shares of Daimler and gave the company a neutral rating in a research report on Tuesday. Bank of America set a €55.00 ($63.95) target price on shares of Daimler and gave the company a buy rating in a research report on Tuesday, October 15th. Finally, JPMorgan Chase & Co. set a €62.00 ($72.09) target price on shares of Daimler and gave the company a buy rating in a research report on Tuesday. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. Daimler currently has an average rating of Hold and a consensus target price of €49.61 ($57.69).
ETR DAI opened at €43.07 ($50.08) on Tuesday. 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’s fifty day moving average price is €46.15 and its 200 day moving average price is €47.33. The company has a market capitalization of $46.07 billion and a price-to-earnings ratio of 11.39. Daimler has a 12 month low of €40.31 ($46.87) and a 12 month high of €60.00 ($69.77).
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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