Daimler (ETR:DAI) has been given a €62.00 ($72.09) price objective by analysts at Barclays in a report issued on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Barclays‘s price objective indicates a potential upside of 6.60% from the stock’s current price.
A number of other research firms have also issued reports on DAI. Deutsche Bank set a €80.00 ($93.02) target price on shares of Daimler and gave the stock a “buy” rating in a report on Wednesday, February 20th. Nord/LB set a €49.00 ($56.98) target price on shares of Daimler and gave the stock a “neutral” rating in a report on Friday, February 8th. HSBC set a €46.00 ($53.49) target price on shares of Daimler and gave the stock a “sell” rating in a report on Thursday, March 21st. Jefferies Financial Group set a €50.00 ($58.14) target price on shares of Daimler and gave the stock a “neutral” rating in a report on Tuesday, January 8th. Finally, Independent Research set a €52.00 ($60.47) target price on shares of Daimler and gave the stock a “neutral” rating in a report on Wednesday, January 16th. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the stock. Daimler has an average rating of “Hold” and a consensus price target of €58.17 ($67.64).
Shares of ETR DAI opened at €58.16 ($67.63) on Monday. The firm has a market capitalization of $62.37 billion and a P/E ratio of 8.58. The company has a quick ratio of 0.89, a current ratio of 1.24 and a debt-to-equity ratio of 219.37. Daimler has a one year low of €44.51 ($51.76) and a one year high of €68.64 ($79.81).
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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