Daimler (DAI) Given a €90.00 Price Target by Deutsche Bank Analysts

Deutsche Bank set a €90.00 ($107.14) price objective on Daimler (ETR:DAI) in a research report released on Monday. The brokerage currently has a buy rating on the stock.

DAI has been the topic of a number of other reports. Sanford C. Bernstein set a €85.00 ($101.19) price objective on shares of Daimler and gave the company a buy rating in a research note on Tuesday, October 3rd. UBS Group set a €85.00 ($101.19) price objective on shares of Daimler and gave the company a buy rating in a research note on Friday, October 6th. Morgan Stanley set a €68.00 ($80.95) price objective on shares of Daimler and gave the company a neutral rating in a research note on Monday, October 9th. Finally, Warburg Research set a €85.00 ($101.19) price objective on shares of Daimler and gave the company a buy rating in a research note on Monday, September 18th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of €73.96 ($88.04).

Shares of Daimler (ETR DAI) traded up €0.41 ($0.49) during mid-day trading on Monday, reaching €74.16 ($88.29). 3,327,789 shares of the company’s stock were exchanged, compared to its average volume of 2,940,000. The company has a market cap of $79,340.00 and a P/E ratio of 8.38. Daimler has a twelve month low of €59.01 ($70.25) and a twelve month high of €74.71 ($88.94).

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Daimler Company Profile

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.

Analyst Recommendations for Daimler (ETR:DAI)

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