A number of other equities analysts also recently issued reports on the stock. Berenberg Bank set a €52.00 ($60.47) price target on shares of Daimler and gave the stock a sell rating in a research note on Tuesday, August 21st. JPMorgan Chase & Co. set a €85.00 ($98.84) target price on shares of Daimler and gave the company a buy rating in a research note on Monday, September 17th. DZ Bank reaffirmed a sell rating on shares of Daimler in a research note on Monday, July 30th. Deutsche Bank reaffirmed a buy rating on shares of Daimler in a research note on Friday, July 27th. Finally, Morgan Stanley set a €70.00 ($81.40) target price on shares of Daimler and gave the company a neutral rating in a research note on Friday, August 10th. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the company’s stock. Daimler currently has a consensus rating of Hold and an average price target of €68.96 ($80.18).
Shares of ETR:DAI opened at €52.89 ($61.50) on Friday. Daimler has a 12 month low of €59.01 ($68.62) and a 12 month high of €76.36 ($88.79).
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 segments. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
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