Daimler (ETR:DAI) has been assigned a €85.00 ($101.19) price target by research analysts at Sanford C. Bernstein in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 22.13% from the company’s current price.
A number of other research firms have also recently issued reports on DAI. DZ Bank reaffirmed a “neutral” rating on shares of Daimler in a report on Tuesday, November 7th. Morgan Stanley set a €68.00 ($80.95) price target on Daimler and gave the company a “neutral” rating in a report on Wednesday, November 8th. Berenberg Bank set a €54.00 ($64.29) price target on Daimler and gave the company a “sell” rating in a report on Monday, November 13th. UBS set a €85.00 ($101.19) price target on Daimler and gave the company a “buy” rating in a report on Monday, November 27th. Finally, Goldman Sachs Group set a €84.00 ($100.00) price target on Daimler and gave the company a “buy” rating in a report on Monday. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €74.14 ($88.26).
Daimler (ETR DAI) opened at €69.60 ($82.86) on Wednesday. Daimler has a twelve month low of €59.01 ($70.25) and a twelve month high of €73.62 ($87.64).
Daimler Company Profile
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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