Daimler AG (DDAIF) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Daimler AG (OTCMKTS:DDAIF) have earned a consensus rating of “Hold” from the fourteen research firms that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company.

Several research analysts recently weighed in on the stock. HSBC restated a “sell” rating on shares of Daimler in a report on Friday. Zacks Investment Research upgraded shares of Daimler from a “sell” rating to a “hold” rating in a report on Wednesday, November 28th. BNP Paribas upgraded shares of Daimler to a “buy” rating in a report on Friday, November 16th. Citigroup lowered shares of Daimler from a “neutral” rating to a “sell” rating in a research report on Thursday, November 15th. Finally, Sanford C. Bernstein reaffirmed a “neutral” rating on shares of Daimler in a research report on Wednesday, November 14th.

Daimler stock opened at $58.79 on Tuesday. Daimler has a fifty-two week low of $55.64 and a fifty-two week high of $94.41. The stock has a market cap of $60.40 billion, a P/E ratio of 5.71, a PEG ratio of 2.21 and a beta of 1.44. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.93 and a current ratio of 1.25.

Daimler (OTCMKTS:DDAIF) last released its quarterly earnings results on Thursday, October 25th. The company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.29 by ($0.45). Daimler had a return on equity of 14.18% and a net margin of 5.41%. The firm had revenue of $46.78 billion for the quarter, compared to analysts’ expectations of $44.75 billion. As a group, research analysts anticipate that Daimler will post 9.46 earnings per share for the current year.

About Daimler

Daimler AG, together its subsidiaries, develops and manufactures 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. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.

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Analyst Recommendations for Daimler (OTCMKTS:DDAIF)

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