Independent Research set a €44.00 ($51.16) target price on Daimler (ETR:DAI) in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also commented on the stock. Barclays set a €50.00 ($58.14) price target on shares of Daimler and gave the stock a neutral rating in a research report on Tuesday, February 11th. JPMorgan Chase & Co. set a €51.00 ($59.30) price target on shares of Daimler and gave the stock a buy rating in a research report on Friday, February 21st. Warburg Research set a €50.00 ($58.14) price objective on shares of Daimler and gave the stock a neutral rating in a research report on Tuesday, February 11th. Royal Bank of Canada set a €62.00 ($72.09) price objective on shares of Daimler and gave the stock a buy rating in a research report on Tuesday, January 28th. Finally, Oddo Bhf set a €46.00 ($53.49) price objective on shares of Daimler and gave the stock a neutral rating in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Daimler has a consensus rating of Hold and a consensus target price of €49.06 ($57.05).
Shares of DAI stock opened at €37.54 ($43.65) on Tuesday. Daimler has a one year low of €38.28 ($44.51) and a one year high of €60.00 ($69.77). The company has a debt-to-equity ratio of 257.44, a quick ratio of 0.89 and a current ratio of 1.21. The company has a 50 day moving average price of €43.82 and a 200 day moving average price of €46.92. The firm has a market capitalization of $40.16 billion and a price-to-earnings ratio of 16.91.
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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