Sanford C. Bernstein Analysts Give Daimler (ETR:DAI) a €55.00 Price Target

Sanford C. Bernstein set a €55.00 ($63.95) price target on Daimler (ETR:DAI) in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also recently commented on the stock. Credit Suisse Group dropped their price objective on shares of FOX from $51.00 to $45.00 and set an outperform rating on the stock in a research note on Monday, June 3rd. Independent Research set a €53.00 ($61.63) price target on shares of Daimler and gave the company a neutral rating in a research note on Monday, June 24th. Morgan Stanley set a $103.00 price target on shares of Nike and gave the company a buy rating in a research note on Friday, June 28th. Warburg Research set a €54.00 ($62.79) price target on shares of Daimler and gave the company a neutral rating in a research note on Monday, June 24th. Finally, Barclays raised shares of WPP from an equal weight rating to an overweight rating in a research note on Monday, April 29th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of €56.70 ($65.93).

Shares of ETR DAI opened at €46.34 ($53.88) on Wednesday. The firm has a market cap of $49.57 billion and a PE ratio of 7.01. Daimler has a 12 month low of €44.51 ($51.76) and a 12 month high of €60.00 ($69.77). The stock’s 50 day moving average price is €48.01. The company has a quick ratio of 0.85, a current ratio of 1.23 and a debt-to-equity ratio of 228.26.

Daimler Company Profile

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 divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.

Recommended Story: How to start trading in the forex market?

Analyst Recommendations for Daimler (ETR:DAI)

Receive News & Ratings for Daimler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler and related companies with MarketBeat.com's FREE daily email newsletter.