Daimler (ETR:DAI) has been given a €73.00 ($84.88) target price by stock analysts at Sanford C. Bernstein in a research report issued on Wednesday. The brokerage currently has a “neutral” rating on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 42.55% from the stock’s previous close.
Several other research firms have also commented on DAI. Jefferies Financial Group set a €50.00 ($58.14) price target on Daimler and gave the stock a “neutral” rating in a research report on Wednesday. JPMorgan Chase & Co. set a €77.00 ($89.53) price objective on Daimler and gave the company a “buy” rating in a research report on Wednesday. Barclays set a €65.00 ($75.58) target price on Daimler and gave the company a “neutral” rating in a research note on Wednesday, January 23rd. Morgan Stanley set a €60.00 ($69.77) target price on Daimler and gave the company a “buy” rating in a research note on Friday, February 1st. Finally, Credit Suisse Group set a €58.00 ($67.44) price target on Daimler and gave the stock a “neutral” rating in a research note on Tuesday. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of €60.36 ($70.19).
Shares of DAI opened at €51.21 ($59.55) on Wednesday. Daimler has a 52-week low of €59.01 ($68.62) and a 52-week 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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