Daimler (DAI) PT Set at €52.00 by UBS Group

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UBS Group set a €52.00 ($60.47) target price on Daimler (ETR:DAI) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other analysts have also recently issued reports about the stock. Barclays set a €62.00 ($72.09) target price on shares of Daimler and gave the company a neutral rating in a research note on Friday, March 29th. 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, April 5th. Deutsche Bank set a €80.00 ($93.02) target price on shares of Daimler and gave the company a buy rating in a research note on Friday, April 12th. JPMorgan Chase & Co. set a €69.00 ($80.23) target price on shares of Daimler and gave the company a buy rating in a research note on Friday, April 26th. Finally, Nord/LB set a €52.50 ($61.05) target price on shares of Daimler and gave the company a neutral rating in a research note on Friday, April 26th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of €58.30 ($67.79).

ETR DAI opened at €47.43 ($55.15) on Wednesday. The company has a quick ratio of 0.85, a current ratio of 1.23 and a debt-to-equity ratio of 228.26. The company has a market capitalization of $50.74 billion and a price-to-earnings ratio of 7.18. Daimler has a 12-month low of €44.51 ($51.76) and a 12-month high of €68.64 ($79.81).

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.

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