Kepler Capital Markets set a €47.00 ($54.65) target price on Daimler (ETR:DAI) in a research report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages have also commented on DAI. Morgan Stanley set a €58.00 ($67.44) price objective on shares of Daimler and gave the stock a buy rating in a report on Monday, December 16th. Oddo Bhf set a €46.00 ($53.49) price objective on shares of Daimler and gave the stock a neutral rating in a report on Thursday, January 30th. JPMorgan Chase & Co. set a €62.00 ($72.09) price objective on shares of Daimler and gave the stock a buy rating in a report on Tuesday. Royal Bank of Canada set a €62.00 ($72.09) price objective on shares of Daimler and gave the stock a buy rating in a report on Tuesday, January 28th. Finally, Independent Research set a €46.00 ($53.49) price objective on shares of Daimler and gave the stock a neutral rating in a report on Tuesday. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. Daimler presently has an average rating of Hold and a consensus target price of €49.61 ($57.69).
Shares of DAI stock opened at €43.07 ($50.08) on Wednesday. The firm’s 50 day moving average price is €46.15 and its 200-day moving average price is €47.33. The company has a debt-to-equity ratio of 254.49, a quick ratio of 0.83 and a current ratio of 1.22. Daimler has a one year low of €40.31 ($46.87) and a one year high of €60.00 ($69.77). The firm has a market cap of $46.07 billion and a P/E ratio of 11.39.
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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