Other research analysts have also issued reports about the company. UBS AG set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a buy rating in a research note on Wednesday, July 26th. Sanford C. Bernstein set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a buy rating in a research note on Wednesday, August 16th. Kepler Capital Markets set a €68.00 ($80.95) price objective on Daimler AG and gave the stock a neutral rating in a research note on Tuesday. J P Morgan Chase & Co set a €85.00 ($101.19) price objective on Daimler AG and gave the stock a buy rating in a research note on Monday, June 12th. Finally, Jefferies Group LLC set a €56.00 ($66.67) price objective on Daimler AG and gave the stock a sell rating in a research note on Monday, July 3rd. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the stock. Daimler AG has a consensus rating of Hold and an average price target of €72.00 ($85.71).
Shares of Daimler AG (ETR:DAI) opened at 65.347 on Tuesday. The company has a 50-day moving average of €61.31 and a 200 day moving average of €65.65. The firm has a market cap of €69.91 billion and a P/E ratio of 7.069. Daimler AG has a 12-month low of €59.01 and a 12-month high of €73.20.
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About Daimler AG
Daimler AG, through its subsidiaries, engages in the development, production, and distribution of 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 segments.
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