Daimler (ETR:DAI) Given a €46.00 Price Target by Independent Research Analysts

Independent Research set a €46.00 ($53.49) target price on Daimler (ETR:DAI) in a report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

DAI has been the subject of a number of other research reports. Morgan Stanley set a €58.00 ($67.44) target price on shares of Daimler and gave the stock a buy rating in a research report on Monday, December 16th. JPMorgan Chase & Co. set a €62.00 ($72.09) target price on shares of Daimler and gave the stock a buy rating in a research report on Tuesday. Warburg Research set a €50.00 ($58.14) target price on shares of Daimler and gave the stock a neutral rating in a research report on Thursday, January 23rd. Deutsche Bank set a €50.00 ($58.14) target price on shares of Daimler and gave the stock a neutral rating in a research report on Monday, January 27th. Finally, Nord/LB set a €47.00 ($54.65) target price on shares of Daimler and gave the stock a neutral rating in a research report on Wednesday, January 22nd. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. Daimler currently has a consensus rating of Hold and a consensus target price of €49.61 ($57.69).

Shares of ETR DAI opened at €43.07 ($50.08) on Tuesday. The company has a quick ratio of 0.83, a current ratio of 1.22 and a debt-to-equity ratio of 254.49. Daimler has a 52 week low of €40.31 ($46.87) and a 52 week high of €60.00 ($69.77). The firm has a 50-day moving average price of €46.15 and a 200 day moving average price of €47.33. The stock has a market capitalization of $46.07 billion and a price-to-earnings ratio of 11.39.

About Daimler

Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.

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Analyst Recommendations for Daimler (ETR:DAI)

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