Other analysts have also issued research reports about the stock. Warburg Research set a €88.00 ($97.78) target price on shares of Daimler AG and gave the stock a buy rating in a report on Thursday, June 9th. equinet AG set a €83.00 ($92.22) price target on shares of Daimler AG and gave the company a buy rating in a report on Thursday, June 9th. JPMorgan Chase & Co. reissued a buy rating on shares of Daimler AG in a report on Thursday, June 9th. Citigroup Inc. reissued a buy rating on shares of Daimler AG in a report on Thursday, June 9th. Finally, Bankhaus Lampe set a €78.00 ($86.67) price target on shares of Daimler AG and gave the company a buy rating in a report on Tuesday, June 7th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have issued a buy rating to the company. Daimler AG has an average rating of Buy and a consensus price target of €72.75 ($80.83).
Daimler AG (ETR:DAI) opened at 63.50 on Tuesday. The firm has a market capitalization of €67.93 billion and a P/E ratio of 8.52. Daimler AG has a 52-week low of €50.88 and a 52-week high of €85.42. The firm’s 50-day moving average is €62.31 and its 200 day moving average is €60.72.
About Daimler AG
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand.
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