Daimler (ETR:DAI) received a €52.00 ($60.47) price objective from analysts at UBS Group in a note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price target points to a potential downside of 8.69% from the stock’s previous close.
A number of other equities analysts have also recently weighed in on DAI. Sanford C. Bernstein set a €73.00 ($84.88) price objective on Daimler and gave the company a “neutral” rating in a report on Wednesday, December 19th. Independent Research set a €52.00 ($60.47) price objective on Daimler and gave the company a “neutral” rating in a report on Friday, December 21st. JPMorgan Chase & Co. set a €77.00 ($89.53) price objective on Daimler and gave the company a “buy” rating in a report on Monday, January 7th. Jefferies Financial Group set a €50.00 ($58.14) price objective on Daimler and gave the company a “neutral” rating in a report on Tuesday, January 8th. Finally, Warburg Research set a €57.00 ($66.28) price objective on Daimler and gave the company a “neutral” rating in a report on Wednesday, January 9th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of €59.14 ($68.76).
Shares of ETR DAI opened at €56.95 ($66.22) on Monday. The stock has a market cap of $60.93 billion and a P/E ratio of 8.40. The company has a debt-to-equity ratio of 219.37, a quick ratio of 0.89 and a current ratio of 1.24. Daimler has a 1-year low of €44.51 ($51.76) and a 1-year high of €68.64 ($79.81).
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 divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.
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