Daimler (ETR:DAI) PT Set at €57.00 by Barclays

Barclays set a €57.00 ($66.28) price target on Daimler (ETR:DAI) in a research report report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

DAI has been the subject of several other research reports. Bank of America set a €155.00 ($180.23) price target on Continental and gave the stock a buy rating in a research note on Tuesday, May 14th. Independent Research set a €50.00 ($58.14) price objective on Daimler and gave the stock a neutral rating in a research report on Monday, July 15th. HSBC cut China Mobile from a buy rating to a hold rating in a research report on Thursday, March 21st. Warburg Research set a €54.00 ($62.79) price objective on Daimler and gave the stock a neutral rating in a research report on Monday, June 24th. Finally, Goldman Sachs Group cut Micro Focus International from a neutral rating to a sell rating in a research report on Tuesday, July 16th. Six research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of €55.58 ($64.63).

Daimler stock opened at €45.44 ($52.84) on Wednesday. Daimler has a one year low of €44.51 ($51.76) and a one year high of €60.00 ($69.77). The company has a current ratio of 1.23, a quick ratio of 0.85 and a debt-to-equity ratio of 228.26. The firm has a fifty day simple moving average of €47.83. The firm has a market capitalization of $48.61 billion and a P/E ratio of 6.87.

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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