Sanford C. Bernstein Reiterates “€50.00” Price Target for Daimler (ETR:DAI)

Sanford C. Bernstein set a €50.00 ($58.14) price target on Daimler (ETR:DAI) in a research note published on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other research analysts have also issued research reports about the company. Nord/LB set a €50.00 ($58.14) price objective on Daimler and gave the company a neutral rating in a report on Monday, July 29th. Kepler Capital Markets set a €52.00 ($60.47) price target on Daimler and gave the stock a neutral rating in a report on Friday, June 28th. DZ Bank reiterated a sell rating on shares of Daimler in a report on Wednesday, July 24th. Barclays set a €57.00 ($66.28) price target on Daimler and gave the stock a neutral rating in a report on Wednesday, July 17th. Finally, Goldman Sachs Group set a €42.00 ($48.84) price target on Daimler and gave the stock a sell rating in a report on Wednesday, July 24th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of Hold and an average target price of €55.50 ($64.53).

Shares of DAI stock opened at €41.25 ($47.96) on Friday. The stock’s fifty day moving average is €46.24 and its two-hundred day moving average is €50.66. The company has a debt-to-equity ratio of 249.44, a quick ratio of 0.76 and a current ratio of 1.12. The firm has a market capitalization of $44.12 billion and a P/E ratio of 10.96. Daimler has a fifty-two week low of €40.31 ($46.87) and a fifty-two week high of €60.00 ($69.77).

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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