Daimler (ETR:DAI) PT Set at €60.00 by Deutsche Bank

Daimler (ETR:DAI) received a €60.00 ($69.77) target price from equities research analysts at Deutsche Bank in a research note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 28.15% from the stock’s current price.

Several other equities research analysts have also weighed in on the company. Warburg Research set a €54.00 ($62.79) target price on Daimler and gave the stock a “neutral” rating in a report on Monday, June 24th. JPMorgan Chase & Co. reiterated a “buy” rating and set a $69.00 price target on shares of Daimler in a report on Friday, July 12th. Bank of America set a €155.00 ($180.23) price target on Continental and gave the stock a “buy” rating in a report on Tuesday, May 14th. Oddo Bhf set a GBX 1,170 ($15.29) price target on easyJet and gave the stock a “neutral” rating in a report on Monday, May 20th. Finally, Nord/LB set a €48.00 ($55.81) price target on Daimler and gave the stock a “neutral” rating in a report on Monday, June 24th. Six research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. Daimler has a consensus rating of “Hold” and a consensus price target of €55.96 ($65.07).

DAI opened at €46.82 ($54.44) on Monday. The stock has a 50 day moving average of €47.93. Daimler has a twelve month low of €44.51 ($51.76) and a twelve month high of €60.00 ($69.77). The company has a current ratio of 1.23, a quick ratio of 0.85 and a debt-to-equity ratio of 228.26. The firm has a market cap of $50.09 billion and a price-to-earnings ratio of 7.08.

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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