Goldman Sachs Group, Inc. (The) set a €81.00 ($87.10) price target on Daimler AG (ETR:DAI) in a report published on Tuesday morning. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts have also issued reports on DAI. BNP Paribas set a €50.00 ($53.76) price objective on Daimler AG and gave the stock a sell rating in a report on Wednesday, September 28th. Kepler Capital Markets reissued a buy rating on shares of Daimler AG in a report on Thursday, October 6th. Morgan Stanley set a €65.00 ($69.89) price objective on Daimler AG and gave the stock a neutral rating in a report on Monday, October 10th. Commerzbank Ag set a €95.00 ($102.15) price objective on Daimler AG and gave the stock a buy rating in a report on Tuesday, October 11th. Finally, Warburg Research set a €76.00 ($81.72) price objective on Daimler AG and gave the stock a buy rating in a report on Thursday, October 13th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of €72.76 ($78.24).
Daimler AG (ETR:DAI) traded up 1.355% during trading on Tuesday, hitting €72.353. The stock had a trading volume of 20,667 shares. Daimler AG has a 1-year low of €50.89 and a 1-year high of €73.20. The firm’s 50-day moving average price is €70.18 and its 200-day moving average price is €64.43. The stock has a market cap of €77.40 billion and a PE ratio of 9.464.
About Daimler AG
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.