Analysts Set $74.94 Target Price for Daimler AG (DDAIF)

Shares of Daimler AG (NASDAQ:DDAIF) have been given an average broker rating score of 0.00 () from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation.

Brokers have set a twelve-month consensus price objective of $74.94 for the company, according to Zacks. Zacks has also assigned Daimler AG an industry rank of 27 out of 265 based on the ratings given to related companies.

DDAIF has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Daimler AG from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research report on Tuesday, January 3rd. Citigroup Inc cut shares of Daimler AG from a “buy” rating to a “neutral” rating in a research report on Wednesday, February 8th.

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Shares of Daimler AG (NASDAQ:DDAIF) opened at 76.27 on Monday. The firm has a market capitalization of $81.60 billion and a price-to-earnings ratio of 8.91. Daimler AG has a 52 week low of $56.56 and a 52 week high of $78.21. The firm has a 50-day moving average of $73.79 and a 200 day moving average of $72.24.

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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