Daimler AG Given Hold Rating at Bankhaus Lampe (DAI)

Daimler AG (ETR: DAI)‘s stock had its “hold” rating restated by stock analysts at Bankhaus Lampe in a report issued on Thursday, AnalystRatings.Net reports. They currently have a €39.00 ($50.65) price objective on the stock.

Shares of Daimler AG (ETR: DAI) traded down 0.74% during mid-day trading on Thursday, hitting €46.572. Daimler AG has a 52 week low of €32.875 and a 52 week high of €50.379. The stock’s 50-day moving average is currently €38.87.

A number of other firms have also recently commented on DAI. Analysts at Commerzbank Corporates & Markets reiterated a “buy” rating on shares of Daimler AG in a research note to investors on Wednesday. They now have a €60.00 ($77.92) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Daimler AG in a research note to investors on Wednesday, June 5th. They now have a €57.00 ($74.03) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Daimler AG in a research note to investors on Friday, May 31st.

Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. Daimler AG has a consensus rating of “Hold” and a consensus price target of €43.15 ($56.04).

Daimler AG is a Germany-based company that develops, manufactures and distributes a range of automotive products, mainly passenger cars, trucks, vans and buses, as well as manages the Daimler Group.