Deutsche Bank set a €80.00 ($93.02) price objective on Daimler (ETR:DAI) in a research note published on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
DAI has been the subject of several other reports. Nord/LB set a €49.00 ($56.98) price target on shares of Daimler and gave the company a neutral rating in a report on Friday, February 8th. HSBC set a €46.00 ($53.49) price target on shares of Daimler and gave the company a sell rating in a report on Thursday, March 21st. Jefferies Financial Group set a €50.00 ($58.14) price target on shares of Daimler and gave the company a neutral rating in a report on Tuesday, January 8th. Barclays set a €61.00 ($70.93) price target on shares of Daimler and gave the company a sell rating in a report on Tuesday, January 15th. Finally, Independent Research set a €52.00 ($60.47) price target on shares of Daimler and gave the company a neutral rating in a report on Wednesday, January 16th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company’s stock. Daimler currently has a consensus rating of Hold and an average target price of €59.14 ($68.76).
Shares of ETR:DAI opened at €56.49 ($65.69) on Friday. The company has a quick ratio of 0.89, a current ratio of 1.24 and a debt-to-equity ratio of 219.37. Daimler has a one year low of €44.51 ($51.76) and a one year high of €68.64 ($79.81). The firm has a market capitalization of $60.44 billion and a price-to-earnings ratio of 8.34.
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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