Daimler’s (DDAIF) Buy Rating Reiterated at Deutsche Bank

Daimler (OTCMKTS:DDAIF)‘s stock had its “buy” rating reissued by Deutsche Bank in a research note issued to investors on Friday.

Several other brokerages have also recently issued reports on DDAIF. equinet restated a “buy” rating on shares of Daimler in a research report on Friday. Independent Research restated a “hold” rating on shares of Daimler in a research report on Friday. Credit Suisse Group restated a “hold” rating on shares of Daimler in a research report on Friday. Commerzbank restated a “sell” rating on shares of Daimler in a research report on Friday. Finally, Sanford C. Bernstein restated a “hold” rating on shares of Daimler in a research report on Wednesday, October 17th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $89.00.

DDAIF opened at $58.75 on Friday. Daimler has a 52 week low of $56.21 and a 52 week high of $94.41. The stock has a market cap of $62.36 billion, a price-to-earnings ratio of 5.28, a P/E/G ratio of 2.19 and a beta of 1.53. The company has a quick ratio of 0.93, a current ratio of 1.25 and a debt-to-equity ratio of 1.35.



Daimler (OTCMKTS:DDAIF) last released its quarterly earnings data on Thursday, July 26th. The company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.88 by $0.04. Daimler had a net margin of 5.41% and a return on equity of 14.18%. The business had revenue of $48.63 billion during the quarter, compared to the consensus estimate of $48.30 billion. On average, sell-side analysts forecast that Daimler will post 9.45 EPS for the current fiscal year.

About Daimler

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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Analyst Recommendations for Daimler (OTCMKTS:DDAIF)

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