Morgan Stanley Reiterates “€68.00” Price Target for Daimler AG (DAI)

Morgan Stanley set a €68.00 ($80.00) target price on Daimler AG (ETR:DAI) in a research note issued to investors on Monday. The firm currently has a neutral rating on the stock.

A number of other equities research analysts also recently weighed in on DAI. Sanford C. Bernstein set a €85.00 ($100.00) price target on shares of Daimler AG and gave the company a buy rating in a report on Monday. Barclays PLC set a €70.00 ($82.35) price target on shares of Daimler AG and gave the company a neutral rating in a report on Friday, September 29th. UBS AG set a €85.00 ($100.00) price target on shares of Daimler AG and gave the company a buy rating in a report on Friday, October 6th. equinet AG set a €76.00 ($89.41) price target on shares of Daimler AG and gave the company a buy rating in a report on Wednesday, August 2nd. Finally, Citigroup Inc. set a €74.50 ($87.65) price target on shares of Daimler AG and gave the company a neutral rating in a report on Thursday, July 13th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of €71.61 ($84.25).

Daimler AG (DAI) opened at 68.191 on Monday. Daimler AG has a 12-month low of €59.01 and a 12-month high of €73.20. The stock has a market capitalization of €72.95 billion and a P/E ratio of 7.377. The firm’s 50-day moving average is €65.13 and its 200 day moving average is €65.17.

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Daimler AG Company Profile

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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