Daimler AG (OTCMKTS:DDAIF) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Daimler AG (OTCMKTS:DDAIF) have been assigned a consensus recommendation of “Buy” from the twenty-three analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $102.00.

Several research analysts have issued reports on DDAIF shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Daimler in a report on Monday, March 29th. They noted that the move was a valuation call. Oddo Bhf raised Daimler from a “neutral” rating to an “outperform” rating in a report on Thursday, February 4th. Zacks Investment Research raised Daimler from a “hold” rating to a “strong-buy” rating and set a $102.00 price target on the stock in a report on Monday. Royal Bank of Canada reissued an “outperform” rating on shares of Daimler in a research note on Friday, February 19th. Finally, UBS Group reissued a “neutral” rating on shares of Daimler in a research note on Tuesday, January 26th.

DDAIF traded up $1.03 during trading on Tuesday, reaching $89.65. The stock had a trading volume of 24,489 shares, compared to its average volume of 28,800. The firm has a market capitalization of $95.91 billion, a price-to-earnings ratio of 527.35, a price-to-earnings-growth ratio of 2.20 and a beta of 1.66. The company has a quick ratio of 0.90, a current ratio of 1.19 and a debt-to-equity ratio of 1.58. Daimler has a 1-year low of $28.42 and a 1-year high of $93.42. The stock has a 50 day moving average of $88.67 and a two-hundred day moving average of $74.54.

Daimler (OTCMKTS:DDAIF) last released its earnings results on Friday, April 23rd. The company reported $4.83 earnings per share for the quarter, topping analysts’ consensus estimates of $3.67 by $1.16. Daimler had a return on equity of 2.48% and a net margin of 0.17%. On average, research analysts forecast that Daimler will post 3.25 EPS for the current fiscal year.

The business also recently declared a dividend, which was paid on Wednesday, April 7th. Stockholders of record on Friday, April 2nd were paid a $1.6319 dividend. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend was Thursday, April 1st.

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 & Vans, Daimler Trucks and Buses, and Daimler Mobility segments. The Mercedes-Benz Cars segment offers premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ brands; small cars under the smart brand name; and ecosystem of Mercedes-Benz under the Mercedes me brand, as well as vans and related services under the Mercedes-Benz and Freightliner brands.

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Analyst Recommendations for Daimler (OTCMKTS:DDAIF)

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