Sanford C. Bernstein Analysts Give Daimler AG (DAI) a €85.00 Price Target

Sanford C. Bernstein set a €85.00 ($95.51) price objective on Daimler AG (ETR:DAI) in a research report sent to investors on Monday morning. The brokerage currently has a buy rating on the stock.

Several other research analysts have also recently commented on the company. J P Morgan Chase & Co reaffirmed a buy rating on shares of Daimler AG in a research report on Monday, May 8th. Commerzbank Ag set a €90.00 ($101.12) target price on Daimler AG and gave the stock a buy rating in a research report on Thursday, March 23rd. Deutsche Bank AG reaffirmed a buy rating on shares of Daimler AG in a research report on Tuesday, March 21st. Berenberg Bank set a €54.00 ($60.67) target price on Daimler AG and gave the stock a sell rating in a research report on Thursday, April 27th. Finally, DZ Bank AG reaffirmed a buy rating on shares of Daimler AG in a research report on Thursday, April 6th. Three analysts have rated the stock with a sell rating, twelve 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 a consensus target price of €73.58 ($82.67).

Daimler AG (ETR:DAI) opened at 65.699 on Monday. The firm has a market capitalization of €70.28 billion and a PE ratio of 7.115. The stock’s 50 day moving average is €67.05 and its 200-day moving average is €68.54. Daimler AG has a 52-week low of €50.89 and a 52-week 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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