Daimler (ETR:DAI) has been given a €85.00 ($104.94) target price by Sanford C. Bernstein in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Sanford C. Bernstein’s target price would suggest a potential upside of 21.26% from the stock’s previous close.
A number of other equities research analysts also recently issued reports on the stock. Berenberg Bank set a €54.00 ($66.67) price target on shares of Daimler and gave the company a “sell” rating in a research report on Monday, November 13th. Morgan Stanley set a €68.00 ($83.95) price objective on Daimler and gave the stock a “neutral” rating in a research report on Tuesday, October 24th. DZ Bank restated a “neutral” rating on shares of Daimler in a research report on Tuesday, November 7th. Societe Generale set a €78.00 ($96.30) price objective on Daimler and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, Goldman Sachs Group set a €84.00 ($103.70) price objective on Daimler and gave the stock a “buy” rating in a research report on Monday, December 4th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of €76.04 ($93.88).
Shares of Daimler (DAI) opened at €70.10 ($86.54) on Friday. Daimler has a 12-month low of €59.01 ($72.85) and a 12-month high of €76.36 ($94.27). The stock has a market cap of $75,240.00 and a P/E ratio of 7.92.
COPYRIGHT VIOLATION NOTICE: “Daimler (DAI) PT Set at €85.00 by Sanford C. Bernstein” was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://sportsperspectives.com/2018/02/09/daimler-dai-pt-set-at-85-00-by-sanford-c-bernstein.html.
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.
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.