Daimler (ETR:DAI) Given a €40.00 Price Target at Jefferies Financial Group

Jefferies Financial Group set a €40.00 ($46.51) target price on Daimler (ETR:DAI) in a research note released on Tuesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

A number of other analysts have also commented on DAI. Oddo Bhf set a €46.00 ($53.49) price target on shares of Daimler and gave the stock a neutral rating in a research note on Thursday, January 30th. Bank of America set a €55.00 ($63.95) price target on shares of Daimler and gave the stock a buy rating in a research note on Tuesday, October 15th. DZ Bank reiterated a sell rating on shares of Daimler in a research note on Wednesday, January 22nd. Deutsche Bank set a €50.00 ($58.14) price target on shares of Daimler and gave the stock a neutral rating in a research note on Monday, January 27th. Finally, Goldman Sachs Group set a €38.00 ($44.19) price target on shares of Daimler and gave the stock a sell rating in a research note on Tuesday. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €49.61 ($57.69).

Shares of DAI stock opened at €43.07 ($50.08) on Tuesday. The company has a 50 day moving average price of €46.15 and a 200-day moving average price of €47.33. Daimler has a 52 week low of €40.31 ($46.87) and a 52 week high of €60.00 ($69.77). The firm has a market capitalization of $46.07 billion and a PE ratio of 11.39. The company has a quick ratio of 0.83, a current ratio of 1.22 and a debt-to-equity ratio of 254.49.

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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