Daimler AG (DDAIF) Given Average Recommendation of “Hold” by Analysts

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Shares of Daimler AG (OTCMKTS:DDAIF) have been assigned a consensus rating of “Hold” from the seventeen research firms that are presently covering the firm, Marketbeat reports. Six analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company.

Several brokerages have recently issued reports on DDAIF. ValuEngine cut shares of Daimler from a “sell” rating to a “strong sell” rating in a research report on Friday, March 1st. Zacks Investment Research upgraded shares of Daimler from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Thursday, January 3rd. HSBC restated a “sell” rating on shares of Daimler in a research report on Friday, November 30th. Citigroup cut shares of Daimler from a “neutral” rating to a “sell” rating in a research report on Thursday, November 15th. Finally, Credit Suisse Group restated a “hold” rating on shares of Daimler in a research report on Tuesday, February 5th.

Shares of OTCMKTS DDAIF opened at $57.68 on Thursday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.94 and a current ratio of 1.24. The stock has a market cap of $60.98 billion, a PE ratio of 7.20, a price-to-earnings-growth ratio of 2.18 and a beta of 1.31. Daimler has a 12-month low of $50.64 and a 12-month high of $85.43.

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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