UBS Group set a €38.00 ($42.70) target price on Daimler (ETR:DAI) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research firms have also recently issued reports on DAI. Jefferies Financial Group set a €46.00 ($51.69) price objective on shares of Daimler and gave the stock a buy rating in a research report on Thursday, June 18th. JPMorgan Chase & Co. set a €45.00 ($50.56) target price on shares of Daimler and gave the company a buy rating in a report on Thursday, June 25th. Kepler Capital Markets set a €37.00 ($41.57) target price on shares of Daimler and gave the company a buy rating in a report on Monday, May 4th. Warburg Research set a €36.00 ($40.45) price objective on shares of Daimler and gave the stock a neutral rating in a report on Thursday, April 30th. Finally, Bank of America set a €43.00 ($48.31) price objective on shares of Daimler and gave the stock a buy rating in a report on Tuesday, June 16th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €40.88 ($45.94).
ETR:DAI opened at €36.15 ($40.61) on Tuesday. The company has a debt-to-equity ratio of 250.65, a quick ratio of 0.82 and a current ratio of 1.19. The stock has a market capitalization of $38.67 billion and a P/E ratio of 103.27. The company has a 50 day moving average price of €34.26 and a 200 day moving average price of €37.37. Daimler has a fifty-two week low of €21.02 ($23.61) and a fifty-two week high of €54.50 ($61.24).
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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