Daimler AG (OTCMKTS:DDAIF) Receives Consensus Recommendation of “Buy” from Analysts

Daimler AG (OTCMKTS:DDAIF) has received a consensus rating of “Buy” from the thirteen analysts that are currently covering the firm. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company.

A number of equities analysts have commented on DDAIF shares. Zacks Investment Research upgraded shares of Daimler AG from a “sell” rating to a “hold” rating in a research note on Tuesday, June 21st. Jefferies Group started coverage on shares of Daimler AG in a research note on Tuesday, August 9th. They issued a “hold” rating on the stock. Finally, Evercore ISI downgraded shares of Daimler AG from a “hold” rating to a “sell” rating in a research note on Wednesday, June 29th.

Shares of Daimler AG (OTCMKTS:DDAIF) traded down 0.49% during trading on Friday, reaching $71.64. 15,329 shares of the company were exchanged. The firm has a market capitalization of $76.64 billion, a PE ratio of 8.57 and a beta of 1.86. The company’s 50-day moving average is $69.94 and its 200 day moving average is $68.15. Daimler AG has a 1-year low of $56.56 and a 1-year high of $89.65.

Daimler AG (OTCMKTS:DDAIF) last posted its quarterly earnings data on Thursday, July 21st. The company reported $2.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.05 by $0.45. Daimler AG had a net margin of 5.53% and a return on equity of 15.37%. Equities research analysts expect that Daimler AG will post $8.93 EPS for the current fiscal year.

Daimler AG Company Profile

Daimler AG (Daimler) is an automotive engineering company. The Company is engaged the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand.

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