Daimler (ETR:DAI) Given a €110.00 Price Target at The Goldman Sachs Group

Daimler (ETR:DAI) has been given a €110.00 ($129.41) target price by research analysts at The Goldman Sachs Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The Goldman Sachs Group’s target price would suggest a potential upside of 59.07% from the company’s previous close.

Other analysts also recently issued reports about the company. Kepler Capital Markets set a €88.00 ($103.53) price objective on Daimler in a report on Monday, August 2nd. Sanford C. Bernstein set a €116.00 ($136.47) price target on shares of Daimler in a research report on Wednesday, September 15th. JPMorgan Chase & Co. set a €98.00 ($115.29) price target on shares of Daimler in a research report on Friday. Warburg Research set a €101.00 ($118.82) price target on shares of Daimler in a research report on Tuesday, September 7th. Finally, Royal Bank of Canada set a €106.00 ($124.71) price target on shares of Daimler in a research report on Thursday, September 2nd. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, Daimler has a consensus rating of “Buy” and an average target price of €91.00 ($107.06).

ETR DAI opened at €69.15 ($81.35) on Tuesday. The company has a market capitalization of $73.98 billion and a price-to-earnings ratio of 5.51. Daimler has a twelve month low of €43.09 ($50.69) and a twelve month high of €80.41 ($94.60). The stock has a fifty day simple moving average of €72.52 and a 200 day simple moving average of €74.21. The company has a quick ratio of 0.82, a current ratio of 1.15 and a debt-to-equity ratio of 197.70.

About Daimler

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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