Daimler AG (DAI.F) (ETR:DAI) Given a €70.00 Price Target at Sanford C. Bernstein


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Daimler AG (DAI.F) (ETR:DAI) has been assigned a €70.00 ($82.35) target price by stock analysts at Sanford C. Bernstein in a research note issued on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 22.31% from the company’s current price.

A number of other research analysts have also issued reports on the stock. Warburg Research set a €63.00 ($74.12) target price on shares of Daimler AG (DAI.F) and gave the company a “buy” rating in a research note on Tuesday, October 27th. UBS Group set a €50.00 ($58.82) target price on shares of Daimler AG (DAI.F) and gave the stock a “neutral” rating in a report on Friday, October 23rd. Barclays set a €55.00 ($64.71) target price on shares of Daimler AG (DAI.F) and gave the company a “neutral” rating in a research note on Wednesday, October 28th. Kepler Capital Markets set a €60.00 ($70.59) price target on shares of Daimler AG (DAI.F) and gave the stock a “neutral” rating in a report on Wednesday, December 9th. Finally, JPMorgan Chase & Co. set a €69.00 ($81.18) target price on Daimler AG (DAI.F) and gave the stock a “buy” rating in a research report on Tuesday, January 5th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €55.65 ($65.47).

Shares of DAI traded down €0.90 ($1.06) during trading on Thursday, reaching €57.23 ($67.33). The company’s stock had a trading volume of 2,701,741 shares, compared to its average volume of 4,430,000. The company has a market cap of $61.22 billion and a price-to-earnings ratio of 1,973.45. The company has a quick ratio of 0.86, a current ratio of 1.19 and a debt-to-equity ratio of 259.66. Daimler AG has a twelve month low of €21.02 ($24.72) and a twelve month high of €59.93 ($70.51). The company has a fifty day moving average of €57.50 and a two-hundred day moving average of €47.56.

Daimler AG (DAI.F) 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 Mobility 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 AG (DAI.F) (ETR:DAI)

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