Daimler AG (DAI) Given a €53.00 Price Target at Berenberg Bank

Berenberg Bank set a €53.00 ($56.38) price objective on Daimler AG (ETR:DAI) in a research note released on Monday. The firm currently has a sell rating on the stock.

Several other equities analysts have also recently weighed in on DAI. Goldman Sachs Group, Inc. (The) set a €71.00 ($75.53) price objective on Daimler AG and gave the company a neutral rating in a report on Thursday, December 1st. Independent Research GmbH set a €74.00 ($78.72) price objective on Daimler AG and gave the company a neutral rating in a report on Thursday, February 2nd. Macquarie set a €72.00 ($76.60) price objective on Daimler AG and gave the company a neutral rating in a report on Monday, February 6th. Kepler Capital Markets set a €72.00 ($76.60) price objective on Daimler AG and gave the company a neutral rating in a report on Tuesday, February 7th. Finally, Nord/LB reaffirmed a buy rating and issued a price objective on shares of Daimler AG in a report on Tuesday, January 31st. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the stock. Daimler AG presently has a consensus rating of Hold and a consensus target price of €72.58 ($77.21).

Analyst Recommendations for Daimler AG (ETR:DAI)

Daimler AG (ETR:DAI) traded down 0.668% during trading on Monday, reaching €68.538. The company had a trading volume of 11,598 shares. The firm’s 50 day moving average price is €69.64 and its 200 day moving average price is €65.90. The firm has a market capitalization of €73.32 billion and a PE ratio of 8.599. Daimler AG has a 12-month low of €50.89 and a 12-month high of €73.20.

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Daimler AG Company Profile

Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.

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