Daimler AG (OTCMKTS:DDAIF) Receives $62.25 Average PT from Analysts

Daimler AG (OTCMKTS:DDAIF) has received a consensus rating of “Hold” from the seventeen research firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $62.25.

DDAIF has been the subject of several research reports. HSBC raised Daimler from a “reduce” rating to a “hold” rating in a research note on Thursday, March 12th. Zacks Investment Research raised Daimler from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 13th. Deutsche Bank lowered Daimler from a “buy” rating to a “hold” rating in a research note on Friday, January 24th. Kepler Capital Markets reissued a “hold” rating on shares of Daimler in a research note on Monday, March 9th. Finally, Jefferies Financial Group raised Daimler from an “underperform” rating to a “buy” rating in a research note on Wednesday.

OTCMKTS DDAIF traded up $0.85 on Monday, reaching $31.90. 116,724 shares of the stock traded hands, compared to its average volume of 79,664. The firm’s fifty day simple moving average is $39.08 and its 200 day simple moving average is $50.09. The company has a quick ratio of 0.88, a current ratio of 1.22 and a debt-to-equity ratio of 1.58. The company has a market cap of $34.13 billion, a price-to-earnings ratio of 12.66, a P/E/G ratio of 1.69 and a beta of 1.49. Daimler has a 12 month low of $22.75 and a 12 month high of $67.20.

Daimler (OTCMKTS:DDAIF) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.02. The firm had revenue of $52.20 billion during the quarter, compared to analyst estimates of $51.86 billion. Daimler had a return on equity of 10.82% and a net margin of 1.38%. As a group, equities research analysts forecast that Daimler will post 5.62 EPS for the current fiscal year.

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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Analyst Recommendations for Daimler (OTCMKTS:DDAIF)

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