Daimler (OTCMKTS:DDAIF) Given “Hold” Rating at Barclays

Barclays reissued their hold rating on shares of Daimler (OTCMKTS:DDAIF) in a report published on Tuesday morning, AnalystRatings.com reports.

DDAIF has been the subject of a number of other research reports. Zacks Investment Research upgraded Daimler from a strong sell rating to a hold rating in a research note on Tuesday, October 29th. Jefferies Financial Group cut Daimler from a hold rating to an underperform rating in a research note on Monday, August 5th. BNP Paribas cut Daimler from an outperform rating to a neutral rating in a research note on Friday, November 15th. UBS Group downgraded Daimler from a buy rating to a neutral rating in a report on Tuesday, November 5th. Finally, HSBC lowered Daimler from a hold rating to a reduce rating in a research report on Wednesday, November 6th. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $59.83.

Shares of OTCMKTS DDAIF traded up $0.03 during midday trading on Tuesday, hitting $55.30. 35,353 shares of the company’s stock were exchanged, compared to its average volume of 53,401. Daimler has a 12-month low of $44.80 and a 12-month high of $67.20. The business’s fifty day moving average price is $54.80 and its two-hundred day moving average price is $53.36. The company has a market cap of $59.75 billion, a price-to-earnings ratio of 6.90, a PEG ratio of 2.25 and a beta of 1.49. The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.58.

Daimler (OTCMKTS:DDAIF) last issued its quarterly earnings results on Thursday, October 24th. The company reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.09. Daimler had a return on equity of 11.23% and a net margin of 2.40%. The firm had revenue of $48.11 billion for the quarter, compared to analysts’ expectations of $47.96 billion. Equities analysts expect that Daimler will post 4.53 earnings per share for the current fiscal year.

About Daimler

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 (OTCMKTS:DDAIF)

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