Daimler (ETR:DAI) Given a €23.00 Price Target by UBS Group Analysts

UBS Group set a €23.00 ($26.74) price target on Daimler (ETR:DAI) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts also recently commented on DAI. Deutsche Bank set a €50.00 ($58.14) price objective on Daimler and gave the company a neutral rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. set a €31.00 ($36.05) price target on Daimler and gave the company a buy rating in a report on Monday. Royal Bank of Canada set a €33.00 ($38.37) price target on Daimler and gave the company a buy rating in a report on Monday, March 16th. DZ Bank reaffirmed a sell rating on shares of Daimler in a report on Friday, March 6th. Finally, Goldman Sachs Group set a €32.00 ($37.21) price target on Daimler and gave the company a sell rating in a report on Wednesday, March 18th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. Daimler currently has a consensus rating of Hold and a consensus price target of €43.71 ($50.82).

ETR DAI opened at €29.59 ($34.40) on Tuesday. The company has a market cap of $31.65 billion and a PE ratio of 13.33. The company has a current ratio of 1.21, a quick ratio of 0.89 and a debt-to-equity ratio of 257.44. Daimler has a 12 month low of €27.82 ($32.34) and a 12 month high of €60.00 ($69.77). The stock has a 50 day moving average of €35.40 and a 200-day moving average of €45.24.

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, 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 (ETR:DAI)

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