Daimler AG (DAI) Given a €72.00 Price Target at Macquarie

Daimler AG (ETR:DAI) received a €72.00 ($78.26) price objective from analysts at Macquarie in a research note issued on Tuesday. The brokerage currently has a “neutral” rating on the stock.

Several other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Daimler AG in a report on Monday. Sanford C. Bernstein set a €85.00 ($92.39) price objective on Daimler AG and gave the stock a “buy” rating in a report on Monday. Commerzbank Ag set a €90.00 ($97.83) price objective on Daimler AG and gave the stock a “buy” rating in a report on Thursday, March 23rd. Deutsche Bank AG reaffirmed a “buy” rating on shares of Daimler AG in a report on Tuesday, March 21st. Finally, Barclays PLC set a €68.00 ($73.91) price objective on Daimler AG and gave the stock a “neutral” rating in a report on Tuesday, March 14th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the stock. Daimler AG presently has an average rating of “Hold” and an average target price of €72.75 ($79.08).

Analyst Recommendations for Daimler AG (ETR:DAI)

Shares of Daimler AG (ETR:DAI) opened at 70.945 on Tuesday. The company’s 50 day moving average price is €69.35 and its 200-day moving average price is €67.14. The firm has a market cap of €75.90 billion and a P/E ratio of 8.902. Daimler AG has a 12-month low of €50.89 and a 12-month high of €73.20.

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About Daimler AG

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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