Daimler (ETR:DAI) has been given a €80.00 ($93.02) target price by stock analysts at Deutsche Bank in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 48.31% from the stock’s current price.
A number of other brokerages also recently issued reports on DAI. Kepler Capital Markets set a €73.00 ($84.88) price target on Daimler and gave the stock a “neutral” rating in a research report on Wednesday, June 13th. DZ Bank reissued a “neutral” rating on shares of Daimler in a research report on Tuesday, June 12th. Warburg Research set a €74.00 ($86.05) target price on Daimler and gave the company a “neutral” rating in a research report on Tuesday, June 12th. Barclays set a €75.00 ($87.21) target price on Daimler and gave the company a “sell” rating in a research report on Monday, June 11th. Finally, Independent Research set a €68.00 ($79.07) target price on Daimler and gave the company a “neutral” rating in a research report on Monday, June 11th. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €69.22 ($80.49).
Shares of DAI stock opened at €53.94 ($62.72) on Tuesday. Daimler has a 12-month low of €59.01 ($68.62) and a 12-month 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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