JPMorgan Chase & Co. Analysts Give Daimler (ETR:DAI) a €69.00 Price Target

JPMorgan Chase & Co. set a €69.00 ($80.23) price objective on Daimler (ETR:DAI) in a research note published on Monday, February 25th. The firm currently has a buy rating on the stock.

Several other analysts have also recently issued reports on the company. Independent Research set a €53.00 ($61.63) price objective on Daimler and gave the company a neutral rating in a research note on Wednesday, February 20th. Deutsche Bank set a €80.00 ($93.02) price target on Daimler and gave the company a buy rating in a research note on Wednesday, February 20th. Berenberg Bank set a €46.00 ($53.49) price target on Daimler and gave the company a sell rating in a research note on Monday, February 18th. Credit Suisse Group set a €58.00 ($67.44) price target on Daimler and gave the company a neutral rating in a research note on Monday, February 11th. Finally, Warburg Research set a €57.00 ($66.28) price target on Daimler and gave the company a neutral rating in a research note on Monday, February 11th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of €59.45 ($69.13).

Shares of ETR DAI traded down €1.00 ($1.16) during mid-day trading on Monday, hitting €50.50 ($58.72). The company had a trading volume of 6,636,096 shares, compared to its average volume of 4,430,000. The stock has a market cap of $54.03 billion and a P/E ratio of 7.45. The company has a current ratio of 1.24, a quick ratio of 0.89 and a debt-to-equity ratio of 219.37. Daimler has a 1-year low of €44.51 ($51.76) and a 1-year high of €69.77 ($81.13).

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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Analyst Recommendations for Daimler (ETR:DAI)

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