Daimler AG (DDAIF) Receives Average Rating of “Hold” from Brokerages

Daimler AG (OTCMKTS:DDAIF) has been assigned a consensus recommendation of “Hold” from the twelve brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company.

Several research analysts recently weighed in on DDAIF shares. Zacks Investment Research raised shares of Daimler from a “sell” rating to a “hold” rating in a research note on Tuesday. Deutsche Bank reissued a “buy” rating on shares of Daimler in a research note on Friday, October 26th. equinet reissued a “buy” rating on shares of Daimler in a research note on Friday, October 26th. Credit Suisse Group reissued a “hold” rating on shares of Daimler in a research note on Friday, October 26th. Finally, Independent Research reissued a “hold” rating on shares of Daimler in a research note on Friday, October 26th.

Daimler stock opened at $58.47 on Friday. Daimler has a 52 week low of $56.21 and a 52 week high of $94.41. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.93 and a current ratio of 1.25. The stock has a market capitalization of $63.94 billion, a P/E ratio of 6.04, a price-to-earnings-growth ratio of 2.24 and a beta of 1.44.

Daimler (OTCMKTS:DDAIF) last released its quarterly earnings data on Thursday, October 25th. The company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.29 by ($0.45). Daimler had a return on equity of 14.18% and a net margin of 5.41%. The business had revenue of $46.78 billion during the quarter, compared to analysts’ expectations of $44.75 billion. Analysts forecast that Daimler will post 9.48 EPS for the current fiscal year.

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 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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Analyst Recommendations for Daimler (OTCMKTS:DDAIF)

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