Other analysts have also recently issued research reports about the stock. Berenberg Bank set a €53.00 ($62.35) price objective on shares of Daimler AG and gave the company a sell rating in a research report on Wednesday, April 5th. J P Morgan Chase & Co set a €85.00 ($100.00) price objective on shares of Daimler AG and gave the company a buy rating in a research report on Wednesday, April 12th. Goldman Sachs Group, Inc. (The) set a €78.00 ($91.76) price objective on shares of Daimler AG and gave the company a neutral rating in a research report on Tuesday, April 25th. Kepler Capital Markets set a €73.00 ($85.88) price objective on shares of Daimler AG and gave the company a neutral rating in a research report on Monday, May 8th. Finally, Deutsche Bank AG restated a buy rating on shares of Daimler AG in a research report on Tuesday, July 11th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of €72.50 ($85.29).
Shares of Daimler AG (ETR:DAI) traded down 0.07% during trading on Wednesday, hitting €60.41. The stock had a trading volume of 10,396 shares. Daimler AG has a 52 week low of €58.03 and a 52 week high of €73.19. The stock has a market capitalization of €64.63 billion and a price-to-earnings ratio of 6.54. The stock’s 50 day moving average is €63.14 and its 200 day moving average is €66.97.
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About Daimler AG
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.
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