Daimler (ETR:DAI)‘s stock had its “buy” rating reiterated by equities research analysts at Morgan Stanley in a research note issued on Wednesday, Borsen Zeitung reports.
A number of other analysts have also commented on DAI. Nord/LB reissued a “neutral” rating on shares of Daimler in a report on Tuesday, June 4th. Kepler Capital Markets set a €58.00 ($67.44) target price on Daimler and gave the stock a “neutral” rating in a report on Thursday, May 23rd. Sanford C. Bernstein set a €73.00 ($84.88) target price on Daimler and gave the stock a “neutral” rating in a report on Monday, May 13th. UBS Group set a €52.00 ($60.47) price target on Daimler and gave the stock a “neutral” rating in a research note on Wednesday, May 22nd. Finally, Credit Suisse Group set a €57.00 ($66.28) price target on Daimler and gave the stock a “neutral” rating in a research note on Monday, June 3rd. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of €58.67 ($68.23).
Shares of Daimler stock traded down €0.28 ($0.33) on Wednesday, reaching €48.19 ($56.03). The company’s stock had a trading volume of 1,695,653 shares, compared to its average volume of 4,430,000. The firm has a market cap of $51.51 billion and a price-to-earnings ratio of 7.29. Daimler has a 52 week low of €44.51 ($51.76) and a 52 week high of €63.63 ($73.99). The company has a current ratio of 1.23, a quick ratio of 0.85 and a debt-to-equity ratio of 228.26.
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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