Warburg Research set a €50.00 ($58.14) price objective on Daimler (ETR:DAI) in a report issued on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities analysts have also issued reports about the stock. Nord/LB set a €47.00 ($54.65) price target on shares of Daimler and gave the stock a neutral rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. set a €62.00 ($72.09) price target on shares of Daimler and gave the stock a buy rating in a report on Tuesday. Oddo Bhf set a €46.00 ($53.49) price target on shares of Daimler and gave the stock a neutral rating in a report on Thursday, January 30th. Barclays set a €50.00 ($58.14) price target on shares of Daimler and gave the stock a neutral rating in a report on Tuesday. Finally, Credit Suisse Group set a €55.00 ($63.95) price target on shares of Daimler and gave the stock a neutral rating in a report on Friday, October 25th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. Daimler has a consensus rating of Hold and an average target price of €49.61 ($57.69).
ETR DAI opened at €43.07 ($50.08) on Tuesday. The firm’s fifty day simple moving average is €46.15 and its two-hundred day simple moving average is €47.33. The company has a current ratio of 1.22, a quick ratio of 0.83 and a debt-to-equity ratio of 254.49. Daimler has a 12-month low of €40.31 ($46.87) and a 12-month high of €60.00 ($69.77). The firm has a market capitalization of $46.07 billion and a P/E ratio of 11.39.
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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