Daimler (DDAIF) Rating Reiterated by equinet

Daimler (OTCMKTS:DDAIF)‘s stock had its “buy” rating reaffirmed by equities researchers at equinet in a report released on Friday.

DDAIF has been the subject of a number of other research reports. Sanford C. Bernstein reiterated a “hold” rating on shares of Daimler in a report on Wednesday, October 17th. BNP Paribas upgraded shares of Daimler from an “underperform” rating to a “neutral” rating in a report on Thursday, October 4th. Zacks Investment Research downgraded shares of Daimler from a “hold” rating to a “strong sell” rating in a report on Monday, July 9th. Bank of America upgraded shares of Daimler from a “neutral” rating to a “buy” rating in a report on Wednesday. Finally, Commerzbank reiterated a “sell” rating on shares of Daimler in a report on Friday. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $89.00.

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

Daimler (OTCMKTS:DDAIF) last announced its quarterly earnings results on Thursday, July 26th. The company reported $1.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.88 by $0.04. The business had revenue of $48.63 billion during the quarter, compared to the consensus estimate of $48.30 billion. Daimler had a net margin of 5.41% and a return on equity of 14.18%. On average, equities research 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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