Daimler (ETR:DAI) Receives Sell Rating from DZ Bank

DZ Bank restated their sell rating on shares of Daimler (ETR:DAI) in a report released on Monday, Borsen Zeitung reports.

Several other brokerages have also recently issued reports on DAI. Independent Research set a €52.00 ($61.18) price objective on Daimler and gave the stock a buy rating in a report on Friday, October 23rd. UBS Group set a €50.00 ($58.82) price objective on Daimler and gave the stock a neutral rating in a report on Friday, October 23rd. Barclays set a €45.00 ($52.94) price objective on Daimler and gave the stock a neutral rating in a report on Monday, July 27th. The Goldman Sachs Group set a €60.00 ($70.59) price target on Daimler and gave the stock a buy rating in a report on Monday. Finally, JPMorgan Chase & Co. set a €63.00 ($74.12) price target on Daimler and gave the stock a buy rating in a report on Monday. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of €51.47 ($60.55).

Shares of DAI stock opened at €44.23 ($52.03) on Monday. The stock has a fifty day moving average price of €46.87 and a 200 day moving average price of €38.81. The stock has a market cap of $47.31 billion and a PE ratio of -158.58. Daimler has a 1 year low of €21.02 ($24.72) and a 1 year high of €54.50 ($64.12). The company has a debt-to-equity ratio of 267.75, a quick ratio of 0.85 and a current ratio of 1.20.

Daimler Company Profile

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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