UBS Group set a €92.00 ($106.98) price target on Daimler (ETR:DAI) in a research report released on Friday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other research firms also recently weighed in on DAI. equinet set a €71.00 ($82.56) price objective on Daimler and gave the company a buy rating in a report on Thursday, July 26th. Jefferies Financial Group set a €58.00 ($67.44) price objective on Daimler and gave the company a neutral rating in a report on Thursday, July 5th. Barclays set a €75.00 ($87.21) price objective on Daimler and gave the company a sell rating in a report on Monday, April 30th. Kepler Capital Markets set a €73.00 ($84.88) price objective on Daimler and gave the company a neutral rating in a report on Thursday, June 7th. Finally, Independent Research set a €65.00 ($75.58) price objective on Daimler and gave the company a neutral rating in a report on Thursday, June 21st. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company. Daimler has an average rating of Hold and a consensus price target of €70.35 ($81.80).
ETR DAI opened at €56.11 ($65.24) on Friday. Daimler has a 1-year low of €59.01 ($68.62) and a 1-year high of €76.36 ($88.79).
Daimler AG, together its subsidiaries, develops and manufactures 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. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
Further Reading: Diversification
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