Daimler AG (DAI) PT Set at €85.00 by UBS AG

Daimler AG (ETR:DAI) received a €85.00 ($101.19) price target from stock analysts at UBS AG in a research report issued on Tuesday. The firm presently has a “buy” rating on the stock.

Several other brokerages also recently issued reports on DAI. Sanford C. Bernstein set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a “buy” rating in a research report on Monday, June 19th. Morgan Stanley set a €68.00 ($80.95) price objective on Daimler AG and gave the stock a “neutral” rating in a research report on Wednesday, June 14th. Berenberg Bank set a €54.00 ($64.29) price objective on Daimler AG and gave the stock a “sell” rating in a research report on Tuesday, June 13th. J P Morgan Chase & Co set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a “buy” rating in a research report on Monday, June 12th. Finally, HSBC Holdings plc set a €73.00 ($86.90) price objective on Daimler AG and gave the stock a “neutral” rating in a research report on Monday, June 12th. Two equities 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. Daimler AG presently has an average rating of “Hold” and a consensus price target of €72.50 ($86.31).

Shares of Daimler AG (ETR:DAI) opened at 65.403 on Tuesday. The firm has a market capitalization of €69.97 billion and a PE ratio of 7.075. The stock has a 50 day moving average price of €61.20 and a 200 day moving average price of €65.67. Daimler AG has a 12-month low of €59.01 and a 12-month high of €73.20.

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About Daimler AG

Daimler AG, through its subsidiaries, engages in the development, production, and distribution of 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 segments.

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