Warburg Research set a €50.00 ($58.14) price target on Daimler (ETR:DAI) in a research report report published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities analysts have also weighed in on the company. DZ Bank reiterated a sell rating on shares of Daimler in a research note on Wednesday. Barclays set a €50.00 ($58.14) target price on Daimler and gave the stock a neutral rating in a research note on Thursday. Independent Research set a €53.00 ($61.63) target price on Daimler and gave the stock a neutral rating in a research note on Tuesday, January 14th. UBS Group set a €52.00 ($60.47) target price on Daimler and gave the stock a neutral rating in a research note on Friday, November 15th. Finally, Sanford C. Bernstein set a €50.00 ($58.14) target price on Daimler and gave the stock a neutral rating in a research note on Monday, January 6th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €51.50 ($59.88).
Shares of ETR DAI traded down €0.49 ($0.57) during trading hours on Thursday, reaching €43.94 ($51.09). 4,987,245 shares of the stock were exchanged, compared to its average volume of 4,430,000. The firm has a market capitalization of $47.53 billion and a price-to-earnings ratio of 11.62. The company has a debt-to-equity ratio of 254.49, a quick ratio of 0.83 and a current ratio of 1.22. Daimler has a 52 week low of €40.31 ($46.87) and a 52 week high of €60.00 ($69.77). The stock’s fifty day simple moving average is €49.05 and its 200 day simple moving average is €47.78.
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.
See Also: What is Forex?
Receive News & Ratings for Daimler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler and related companies with MarketBeat.com's FREE daily email newsletter.