Daimler AG (NASDAQ:DDAIF) Given Average Rating of “Hold” by Analysts

Daimler AG (NASDAQ:DDAIF) has been assigned a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company.

Several brokerages have recently weighed in on DDAIF. Sanford C. Bernstein reissued a “buy” rating on shares of Daimler AG in a research report on Friday, April 21st. Zacks Investment Research lowered Daimler AG from a “buy” rating to a “hold” rating in a research report on Thursday, April 20th. Finally, Jefferies Group LLC lowered Daimler AG from a “hold” rating to an “underperform” rating in a research report on Tuesday, April 18th.

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Shares of Daimler AG (NASDAQ:DDAIF) traded up 0.10% during midday trading on Friday, reaching $72.50. The company had a trading volume of 39,268 shares. Daimler AG has a 52-week low of $59.53 and a 52-week high of $78.21. The stock has a market capitalization of $77.56 billion and a PE ratio of 6.86. The company’s 50 day moving average price is $73.92 and its 200 day moving average price is $74.02.

About Daimler AG

Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.

Analyst Recommendations for Daimler AG (NASDAQ:DDAIF)

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