Daimler AG (DAI) PT Set at €73.00 by HSBC Holdings plc

Daimler AG (ETR:DAI) has been given a €73.00 ($83.91) price objective by HSBC Holdings plc in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock.

A number of other research firms have also weighed in on DAI. Sanford C. Bernstein set a €85.00 ($97.70) price objective on shares of Daimler AG and gave the stock a “buy” rating in a research note on Thursday, April 6th. Berenberg Bank set a €53.00 ($60.92) price objective on shares of Daimler AG and gave the stock a “sell” rating in a research note on Wednesday, April 5th. Kepler Capital Markets set a €72.00 ($82.76) price objective on shares of Daimler AG and gave the stock a “neutral” rating in a research note on Thursday, March 30th. BNP Paribas set a €61.00 ($70.11) price objective on shares of Daimler AG and gave the stock a “sell” rating in a research note on Wednesday, March 29th. Finally, Deutsche Bank AG set a €90.00 ($103.45) price objective on shares of Daimler AG and gave the stock a “buy” rating in a research note on Wednesday, March 29th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of €74.06 ($85.13).

Shares of Daimler AG (DAI) opened at 64.29 on Friday. Daimler AG has a 12 month low of €50.88 and a 12 month high of €73.19. The company has a market cap of €68.78 billion and a P/E ratio of 6.96. The stock’s 50 day moving average is €66.12 and its 200-day moving average is €68.56.

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Daimler AG Company Profile

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.

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