Sanford C. Bernstein Reiterates €85.00 Price Target for Daimler AG (DAI)

Sanford C. Bernstein set a €85.00 ($100.00) price target on Daimler AG (ETR:DAI) in a report issued on Wednesday, August 9th. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued reports about the stock. UBS AG set a €85.00 ($100.00) price objective on shares of Daimler AG and gave the stock a buy rating in a report on Wednesday, April 26th. Barclays PLC set a €68.00 ($80.00) price objective on shares of Daimler AG and gave the stock a neutral rating in a report on Wednesday, April 12th. J P Morgan Chase & Co set a €85.00 ($100.00) price objective on shares of Daimler AG and gave the stock a buy rating in a report on Monday, June 12th. Morgan Stanley set a €68.00 ($80.00) price objective on shares of Daimler AG and gave the stock a neutral rating in a report on Wednesday, June 14th. Finally, Jefferies Group LLC set a €56.00 ($65.88) price objective on shares of Daimler AG and gave the stock a sell rating in a report on Monday, July 3rd. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the stock. Daimler AG has an average rating of Hold and an average price target of €72.50 ($85.29).

Shares of Daimler AG (ETR DAI) opened at 60.201 on Wednesday. Daimler AG has a 12 month low of €59.01 and a 12 month high of €73.20. The stock has a market capitalization of €64.40 billion and a P/E ratio of 6.512. The company’s 50 day moving average price is €61.96 and its 200-day moving average price is €66.35.

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About Daimler AG

Daimler AG, through its subsidiaries, engages in the development, production, and distribution of 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 segments.

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