Daimler AG (DAI) Given a €85.00 Price Target by J P Morgan Chase & Co Analysts

Daimler AG (ETR:DAI) has been assigned a €85.00 ($101.19) price objective by equities research analysts at J P Morgan Chase & Co in a report released on Monday. The firm presently has a “buy” rating on the stock.

Other equities analysts also recently issued reports about the company. Sanford C. Bernstein set a €85.00 ($101.19) target price on Daimler AG and gave the company a “buy” rating in a research report on Monday, June 26th. Deutsche Bank AG set a €90.00 ($107.14) target price on Daimler AG and gave the company a “buy” rating in a research report on Tuesday, May 23rd. equinet AG set a €84.00 ($100.00) target price on Daimler AG and gave the company a “buy” rating in a research report on Tuesday, July 4th. Nord/LB set a €70.00 ($83.33) target price on Daimler AG and gave the company a “buy” rating in a research report on Thursday, July 6th. Finally, UBS AG set a €85.00 ($101.19) target price on Daimler AG and gave the company a “buy” rating in a research report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the stock. Daimler AG currently has a consensus rating of “Hold” and a consensus target price of €72.00 ($85.71).

Shares of Daimler AG (DAI) opened at 65.201 on Monday. Daimler AG has a one year low of €59.01 and a one year high of €73.20. The firm’s 50-day moving average price is €61.31 and its 200 day moving average price is €65.65. The company has a market capitalization of €69.75 billion and a PE ratio of 7.053.

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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.

Analyst Recommendations for Daimler AG (ETR:DAI)

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