Goldman Sachs Group Analysts Give Daimler (ETR:DAI) a €36.00 Price Target

Goldman Sachs Group set a €36.00 ($41.86) price target on Daimler (ETR:DAI) in a research note released on Monday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

Several other equities analysts also recently weighed in on DAI. Sanford C. Bernstein set a €50.00 ($58.14) price target on Daimler and gave the stock a neutral rating in a research report on Thursday, October 24th. Credit Suisse Group set a €55.00 ($63.95) price target on Daimler and gave the stock a neutral rating in a research report on Friday, October 25th. DZ Bank reissued a sell rating on shares of Daimler in a research report on Friday. UBS Group set a €52.00 ($60.47) price target on Daimler and gave the stock a neutral rating in a research report on Friday. Finally, Nord/LB set a €52.00 ($60.47) price target on Daimler and gave the stock a neutral rating in a research report on Thursday, October 24th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. Daimler presently has an average rating of Hold and an average target price of €52.50 ($61.05).

Daimler stock traded down €0.07 ($0.08) during mid-day trading on Monday, hitting €50.16 ($58.33). 4,783,760 shares of the company were exchanged, compared to its average volume of 4,430,000. The company has a debt-to-equity ratio of 254.49, a current ratio of 1.22 and a quick ratio of 0.83. The business’s 50 day simple moving average is €49.54 and its two-hundred day simple moving average is €48.26. The company has a market capitalization of $53.64 billion and a P/E ratio of 13.26. Daimler has a 12-month low of €40.31 ($46.87) and a 12-month high of €60.00 ($69.77).

About Daimler

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.

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Analyst Recommendations for Daimler (ETR:DAI)

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