Daimler (ETR:DAI) has been given a €65.00 ($75.58) price target by Barclays in a report released on Wednesday. The firm currently has a “neutral” rating on the stock. Barclays‘s price objective suggests a potential upside of 29.28% from the stock’s current price.
Several other analysts have also recently weighed in on the stock. DZ Bank reiterated a “sell” rating on shares of Daimler in a research note on Monday, October 22nd. Independent Research set a €58.00 ($67.44) target price on shares of Daimler and gave the company a “neutral” rating in a report on Monday, October 22nd. Citigroup set a €48.00 ($55.81) target price on shares of Daimler and gave the company a “sell” rating in a report on Thursday, November 15th. Kepler Capital Markets set a €64.00 ($74.42) target price on shares of Daimler and gave the company a “buy” rating in a report on Thursday, October 25th. Finally, Warburg Research set a €65.00 ($75.58) target price on shares of Daimler and gave the company a “neutral” rating in a report on Thursday, October 25th. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €61.17 ($71.13).
Daimler stock traded down €0.29 ($0.34) during midday trading on Wednesday, hitting €50.28 ($58.47). The company’s stock had a trading volume of 2,928,145 shares, compared to its average volume of 4,430,000. Daimler has a 1-year low of €59.01 ($68.62) and a 1-year 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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