Morgan Stanley Analysts Give Daimler (ETR:DAI) a €62.00 Price Target

Morgan Stanley set a €62.00 ($72.09) target price on Daimler (ETR:DAI) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

DAI has been the subject of several other reports. Independent Research set a €51.00 ($59.30) target price on Daimler and gave the stock a neutral rating in a research report on Wednesday, July 24th. Royal Bank of Canada set a €63.00 ($73.26) target price on Daimler and gave the stock a buy rating in a research report on Tuesday, July 30th. Jefferies Financial Group set a €50.00 ($58.14) target price on Daimler and gave the stock a neutral rating in a research report on Tuesday, July 2nd. Warburg Research set a €54.00 ($62.79) target price on Daimler and gave the stock a neutral rating in a research report on Wednesday, July 24th. Finally, Bank of America set a €65.00 ($75.58) target price on Daimler and gave the stock a buy rating in a research report on Tuesday, May 14th. Six investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of €55.50 ($64.53).

Shares of DAI stock opened at €40.97 ($47.63) on Tuesday. The stock has a market cap of $43.36 billion and a P/E ratio of 10.89. Daimler has a one year low of €42.50 ($49.42) and a one year high of €60.00 ($69.77). The stock has a fifty day moving average price of €46.39 and a 200 day moving average price of €50.71. The company has a debt-to-equity ratio of 249.44, a current ratio of 1.12 and a quick ratio of 0.76.

Daimler Company Profile

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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