Independent Research set a €62.00 ($72.09) price objective on Daimler (ETR:DAI) in a research report report published on Thursday, September 27th. The brokerage currently has a neutral rating on the stock.
Other research analysts have also issued reports about the company. equinet reiterated a buy rating on shares of Daimler in a research report on Monday, June 4th. JPMorgan Chase & Co. set a €85.00 ($98.84) price objective on Daimler and gave the stock a buy rating in a research report on Wednesday, June 6th. UBS Group set a €92.00 ($106.98) price objective on Daimler and gave the stock a buy rating in a research report on Thursday, June 7th. Deutsche Bank set a €90.00 ($104.65) price objective on Daimler and gave the stock a buy rating in a research report on Wednesday, June 13th. Finally, Societe Generale set a €72.00 ($83.72) price objective on Daimler and gave the stock a buy rating in a research report on Monday, June 25th. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have issued a buy rating to the company. Daimler currently has a consensus rating of Hold and a consensus target price of €68.96 ($80.18).
Shares of DAI stock traded up €0.19 ($0.22) during trading hours on Thursday, reaching €52.89 ($61.50). The company had a trading volume of 3,355,733 shares, compared to its average volume of 4,430,000. Daimler has a 12-month low of €59.01 ($68.62) and a 12-month high of €76.36 ($88.79).
Daimler Company Profile
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 segments. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
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