Daimler (DAI) Given a €72.00 Price Target at HSBC

Daimler (ETR:DAI) has been assigned a €72.00 ($88.89) price target by stock analysts at HSBC in a research note issued to investors on Wednesday. The firm presently has a “neutral” rating on the stock. HSBC’s price objective points to a potential upside of 2.32% from the stock’s current price.

Several other analysts have also weighed in on the company. Societe Generale set a €80.00 ($98.77) price objective on Daimler and gave the company a “buy” rating in a research note on Tuesday. Morgan Stanley set a €72.00 ($88.89) price objective on Daimler and gave the company a “neutral” rating in a research note on Monday. Goldman Sachs Group set a €90.00 ($111.11) price objective on Daimler and gave the company a “buy” rating in a research note on Friday, February 16th. UBS Group set a €92.00 ($113.58) price objective on Daimler and gave the company a “buy” rating in a research note on Thursday, February 15th. Finally, Independent Research set a €77.00 ($95.06) price objective on Daimler and gave the company a “neutral” rating in a research note on Thursday, February 15th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of €76.74 ($94.74).

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Shares of Daimler (ETR DAI) opened at €70.37 ($86.88) on Wednesday. The firm has a market capitalization of $75,280.00 and a PE ratio of 7.15. Daimler has a 12 month low of €59.01 ($72.85) and a 12 month high of €76.36 ($94.27).

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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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