Daimler AG (DAI) PT Set at €85.00 by Sanford C. Bernstein

Daimler AG (ETR:DAI) has been assigned a €85.00 ($92.39) price target by research analysts at Sanford C. Bernstein in a research note issued on Monday. The brokerage currently has a “buy” rating on the stock.

A number of other equities analysts also recently weighed in on DAI. Macquarie set a €65.00 ($70.65) price target on shares of Daimler AG and gave the stock a “neutral” rating in a report on Thursday, December 1st. Goldman Sachs Group Inc set a €71.00 ($77.17) price objective on Daimler AG and gave the company a “neutral” rating in a research note on Thursday, December 1st. Barclays PLC set a €70.00 ($76.09) price objective on Daimler AG and gave the company a “neutral” rating in a research note on Friday, December 2nd. Morgan Stanley set a €65.00 ($70.65) price objective on Daimler AG and gave the company a “neutral” rating in a research note on Tuesday, December 6th. Finally, Nord/LB set a €75.00 ($81.52) price objective on Daimler AG and gave the company a “buy” rating in a research note on Tuesday, December 6th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €72.75 ($79.08).

Analyst Recommendations for Daimler AG (ETR:DAI)

Daimler AG (ETR:DAI) traded up 0.099% during midday trading on Monday, hitting €70.685. 93,139 shares of the stock were exchanged. The company’s 50 day moving average is €69.35 and its 200 day moving average is €67.14. Daimler AG has a 1-year low of €50.89 and a 1-year high of €73.20. The company has a market capitalization of €75.62 billion and a P/E ratio of 8.869.

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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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