Commerzbank Ag set a €95.00 ($102.15) price objective on Daimler AG (ETR:DAI) in a report released on Tuesday morning. The brokerage currently has a buy rating on the stock.
A number of other research firms also recently weighed in on DAI. DZ Bank AG reaffirmed a buy rating on shares of Daimler AG in a research report on Monday, October 24th. BNP Paribas set a €50.00 ($53.76) target price on shares of Daimler AG and gave the stock a sell rating in a research report on Wednesday, September 28th. Deutsche Bank AG reaffirmed a buy rating on shares of Daimler AG in a research report on Wednesday, December 14th. Morgan Stanley set a €65.00 ($69.89) target price on shares of Daimler AG and gave the stock a neutral rating in a research report on Tuesday, October 25th. Finally, Barclays PLC set a €70.00 ($75.27) target price on shares of Daimler AG and gave the stock a neutral rating in a research report on Friday, November 25th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of €72.76 ($78.24).
Shares of Daimler AG (ETR:DAI) traded up 1.355% during mid-day trading on Tuesday, reaching €72.353. 20,667 shares of the company’s stock traded hands. The stock has a market cap of €77.40 billion and a price-to-earnings ratio of 9.464. Daimler AG has a 12-month low of €50.89 and a 12-month 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.
Daimler AG Company Profile
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.