Daimler AG (DDAIF) Upgraded at Evercore ISI

Evercore ISI upgraded shares of Daimler AG (NASDAQ:DDAIF) to an outperform rating in a report released on Friday, The Fly reports.

Separately, Goldman Sachs Group, Inc. (The) raised Daimler AG from a neutral rating to a buy rating in a research note on Wednesday, September 6th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of $79.00.

Daimler AG (NASDAQ DDAIF) opened at 77.47 on Friday. The stock has a market capitalization of $82.88 billion and a PE ratio of 7.16. Daimler AG has a one year low of $65.82 and a one year high of $78.59. The company’s 50 day moving average price is $72.10 and its 200-day moving average price is $73.42.

Daimler AG (NASDAQ:DDAIF) last announced its quarterly earnings results on Wednesday, July 26th. The company reported $2.51 EPS for the quarter, missing analysts’ consensus estimates of $2.88 by $0.37. Daimler AG had a net margin of 6.09% and a return on equity of 16.72%. The firm had revenue of $45.23 billion for the quarter, compared to the consensus estimate of $47.42 billion. Analysts expect that Daimler AG will post $10.96 earnings per share for the current year.

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Daimler AG Company Profile

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.

The Fly

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