Daimler AG (DAI) Given Average Recommendation of “Hold” by Brokerages

Daimler AG (ETR:DAI) has been given an average rating of “Hold” by the twenty-three analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is €74.00 ($87.06).

A number of equities analysts have issued reports on the company. Sanford C. Bernstein set a €85.00 ($100.00) target price on Daimler AG and gave the stock a “buy” rating in a report on Wednesday. Morgan Stanley set a €68.00 ($80.00) target price on Daimler AG and gave the stock a “neutral” rating in a report on Tuesday, October 24th. Kepler Capital Markets set a €72.00 ($84.71) price target on Daimler AG and gave the stock a “neutral” rating in a research report on Monday, October 23rd. Goldman Sachs Group, Inc. (The) set a €81.00 ($95.29) price target on Daimler AG and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, Deutsche Bank AG set a €90.00 ($105.88) price target on Daimler AG and gave the stock a “buy” rating in a research report on Monday, October 23rd.

Shares of Daimler AG (ETR:DAI) traded up €0.16 ($0.19) on Friday, reaching €73.25 ($86.18). The company’s stock had a trading volume of 2,784,213 shares, compared to its average volume of 3,040,000. Daimler AG has a 12-month low of €59.01 ($69.42) and a 12-month high of €73.64 ($86.64).

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About Daimler AG

Daimler AG, through its subsidiaries, engages in the development, production, and distribution of 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.

Analyst Recommendations for Daimler AG (ETR:DAI)

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