Daimler (ETR:DAI) has been given a €76.00 ($93.83) target price by Citigroup in a research note issued to investors on Tuesday. The firm currently has a “neutral” rating on the stock. Citigroup’s target price would indicate a potential upside of 8.65% from the stock’s previous close.
Several other equities analysts have also recently commented on DAI. HSBC set a €72.00 ($88.89) price target on shares of Daimler and gave the stock a “neutral” rating in a research report on Wednesday, February 21st. Sanford C. Bernstein set a €85.00 ($104.94) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Monday. Deutsche Bank set a €90.00 ($111.11) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Wednesday, February 14th. JPMorgan Chase & Co. set a €85.00 ($104.94) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Monday. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Daimler in a research report on Tuesday, February 13th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of €77.35 ($95.49).
Daimler (ETR DAI) opened at €69.95 ($86.36) on Tuesday. Daimler has a 12-month low of €59.01 ($72.85) and a 12-month high of €76.36 ($94.27). The company has a market cap of $74,840.00 and a PE ratio of 7.11.
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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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