Several other research analysts have also issued reports on the stock. Morgan Stanley set a €68.00 ($76.40) target price on shares of Daimler AG and gave the stock a neutral rating in a research report on Wednesday, June 14th. Berenberg Bank set a €54.00 ($60.67) price target on shares of Daimler AG and gave the company a sell rating in a research report on Tuesday, June 13th. J P Morgan Chase & Co set a €85.00 ($95.51) price target on shares of Daimler AG and gave the company a buy rating in a research report on Monday, June 12th. HSBC Holdings plc set a €73.00 ($82.02) price target on shares of Daimler AG and gave the company a neutral rating in a research report on Monday, June 12th. Finally, Kepler Capital Markets set a €71.00 ($79.78) price target on shares of Daimler AG and gave the company a neutral rating in a research report on Thursday, June 8th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of €73.15 ($82.19).
Shares of Daimler AG (ETR:DAI) traded down 0.595% during midday trading on Monday, hitting €64.983. The company’s stock had a trading volume of 6,440 shares. The stock’s 50 day moving average is €66.65 and its 200-day moving average is €68.63. The firm has a market cap of €69.52 billion and a P/E ratio of 7.037. Daimler AG has a 52-week low of €50.89 and a 52-week high of €73.20.
WARNING: “Daimler AG (DAI) Given a €85.00 Price Target at Sanford C. Bernstein” was reported by Mideast Time and is owned by of Mideast Time. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.mideasttime.com/daimler-ag-dai-given-a-85-00-price-target-at-sanford-c-bernstein/1814712.html.
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.
Receive News & Ratings for Daimler AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler AG and related companies with MarketBeat.com's FREE daily email newsletter.