Daimler (ETR:DAI) Given a €36.00 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €36.00 ($41.86) target price on Daimler (ETR:DAI) in a research note released on Monday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

A number of other research firms also recently issued reports on DAI. Independent Research set a €53.00 ($61.63) price target on Daimler and gave the stock a neutral rating in a research note on Friday. Kepler Capital Markets set a €49.00 ($56.98) price target on Daimler and gave the stock a buy rating in a research note on Friday, August 30th. Bank of America set a €55.00 ($63.95) price target on Daimler and gave the stock a buy rating in a research note on Tuesday, October 15th. Barclays set a €54.00 ($62.79) price target on Daimler and gave the stock a neutral rating in a research note on Thursday, October 24th. Finally, Warburg Research set a €51.00 ($59.30) price target on Daimler and gave the stock a neutral rating in a research note on Friday. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of €52.50 ($61.05).

ETR:DAI traded down €0.07 ($0.08) during mid-day trading on Monday, reaching €50.16 ($58.33). 4,783,760 shares of the stock were exchanged, compared to its average volume of 4,430,000. The company has a 50 day simple moving average of €49.54 and a 200-day simple moving average of €48.26. The stock has a market capitalization of $53.64 billion and a P/E ratio of 13.26. The company has a quick ratio of 0.83, a current ratio of 1.22 and a debt-to-equity ratio of 254.49. Daimler has a 1 year low of €40.31 ($46.87) and a 1 year high of €60.00 ($69.77).

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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