Daimler (DAI) PT Set at €58.00 by Credit Suisse Group

Credit Suisse Group set a €58.00 ($67.44) price objective on Daimler (ETR:DAI) in a research note published on Tuesday, February 5th. The brokerage currently has a neutral rating on the stock.

A number of other research firms have also recently weighed in on DAI. Morgan Stanley set a €64.00 ($74.42) target price on shares of Daimler and gave the stock a neutral rating in a research note on Tuesday, October 9th. Deutsche Bank set a €80.00 ($93.02) target price on shares of Daimler and gave the stock a buy rating in a research note on Tuesday, October 9th. BNP Paribas set a €62.00 ($72.09) target price on shares of Daimler and gave the stock a neutral rating in a research note on Tuesday, October 16th. Sanford C. Bernstein set a €73.00 ($84.88) target price on shares of Daimler and gave the stock a neutral rating in a research note on Wednesday, November 14th. Finally, UBS Group set a €54.00 ($62.79) target price on shares of Daimler and gave the stock a neutral rating in a research note on Monday, October 15th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of €59.41 ($69.08).

ETR:DAI traded up €0.62 ($0.72) during mid-day trading on Tuesday, reaching €53.28 ($61.95). The stock had a trading volume of 3,173,903 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 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.

Read More: Limitations of the P/E Growth ratio

Analyst Recommendations for Daimler (ETR:DAI)

Receive News & Ratings for Daimler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler and related companies with MarketBeat.com's FREE daily email newsletter.