DZ Bank Reiterates “Sell” Rating for Daimler (ETR:DAI)

Daimler (ETR:DAI)‘s stock had its “sell” rating reiterated by stock analysts at DZ Bank in a report released on Friday, Borsen Zeitung reports.

A number of other research firms also recently commented on DAI. Morgan Stanley set a $103.00 price objective on Nike and gave the stock a “buy” rating in a report on Friday, June 28th. Kepler Capital Markets reiterated a “hold” rating on shares of Continental in a report on Friday, June 28th. Oddo Bhf set a GBX 1,170 ($15.29) price objective on easyJet and gave the stock a “neutral” rating in a report on Monday, May 20th. Credit Suisse Group dropped their price objective on FOX from $51.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, June 3rd. Finally, JPMorgan Chase & Co. restated a “buy” rating and set a $69.00 price objective on shares of Daimler in a report on Friday. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the company. Daimler presently has a consensus rating of “Hold” and an average target price of €56.70 ($65.93).

Shares of ETR:DAI opened at €46.34 ($53.88) on Friday. The stock has a 50-day simple moving average of €48.01. 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 has a 12-month low of €44.51 ($51.76) and a 12-month high of €60.00 ($69.77). The firm has a market cap of $49.57 billion and a price-to-earnings ratio of 7.01.

Daimler Company Profile

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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Analyst Recommendations for Daimler (ETR:DAI)

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