Warburg Research Reiterates €58.00 Price Target for Daimler (DAI)

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Warburg Research set a €58.00 ($67.44) price target on Daimler (ETR:DAI) in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

DAI has been the subject of several other reports. UBS Group set a €54.00 ($62.79) target price on shares of Daimler and gave the company a neutral rating in a research note on Wednesday, January 9th. Sanford C. Bernstein set a €73.00 ($84.88) target price on shares of Daimler and gave the company a neutral rating in a research note on Wednesday, February 6th. Independent Research set a €52.00 ($60.47) target price on shares of Daimler and gave the company a neutral rating in a research note on Wednesday, January 2nd. Berenberg Bank set a €46.00 ($53.49) target price on shares of Daimler and gave the company a sell rating in a research note on Monday, February 18th. Finally, Morgan Stanley set a €60.00 ($69.77) target price on shares of Daimler and gave the company a buy rating in a research note on Friday, February 1st. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company. Daimler has a consensus rating of Hold and a consensus target price of €59.14 ($68.76).

DAI opened at €56.49 ($65.69) on Friday. The firm has a market cap of $60.44 billion and a P/E ratio of 8.34. Daimler has a fifty-two week low of €44.51 ($51.76) and a fifty-two week high of €68.64 ($79.81). The company has a debt-to-equity ratio of 219.37, a current ratio of 1.24 and a quick ratio of 0.89.

About Daimler

Daimler AG, together its subsidiaries, develops and manufactures 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 divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.

See Also: Real Estate Investment Trust (REIT) ETF

Analyst Recommendations for Daimler (ETR:DAI)

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