Todays Report: Today, Barclays PLC Reiterates “€70.00” Price Target for Daimler AG (DAI)

Today, Barclays PLC Reiterates “€70.00” Price Target for Daimler AG (DAI)

Daimler AG (ETR:DAI) received a €70.00 ($75.27) price objective from analysts at Barclays PLC in a report issued on Friday. The firm presently has a “neutral” rating on the stock.

A number of other analysts have also commented on DAI. DZ Bank AG reaffirmed a “buy” rating on shares of Daimler AG in a report on Monday, October 24th. Goldman Sachs Group Inc. set a €71.00 ($76.34) price target on shares of Daimler AG and gave the company a “neutral” rating in a report on Wednesday. Jefferies Group set a €65.00 ($69.89) price target on shares of Daimler AG and gave the company a “neutral” rating in a report on Tuesday, August 9th. Morgan Stanley set a €65.00 ($69.89) price target on shares of Daimler AG and gave the company a “neutral” rating in a report on Tuesday, October 25th. Finally, Bankhaus Lampe set a €65.00 ($69.89) price target on shares of Daimler AG and gave the company a “buy” rating in a report on Thursday, November 3rd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the stock. Daimler AG currently has an average rating of “Hold” and a consensus target price of €71.32 ($76.69).

Shares of Daimler AG (ETR:DAI) opened at 64.579 on Friday. Daimler AG has a one year low of €50.89 and a one year high of €85.42. The company’s 50 day moving average price is €64.46 and its 200 day moving average price is €60.91. The stock has a market capitalization of €69.09 billion and a price-to-earnings ratio of 8.447.

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