Daimler (ETR:DAI) PT Set at €90.00 by Goldman Sachs Group
Daimler (ETR:DAI) received a €90.00 ($111.11) target price from Goldman Sachs Group in a report released on Friday, February 16th. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price target indicates a potential upside of 33.33% from the company’s previous close.
Other analysts also recently issued reports about the company. Independent Research set a €71.00 ($87.65) price target on Daimler and gave the stock a “neutral” rating in a report on Monday, October 23rd. Morgan Stanley reiterated a “neutral” rating on shares of Daimler in a report on Monday, February 12th. Sanford C. Bernstein set a €85.00 ($104.94) target price on Daimler and gave the company a “buy” rating in a research note on Tuesday, December 26th. Deutsche Bank set a €90.00 ($111.11) target price on Daimler and gave the company a “buy” rating in a research note on Wednesday, February 14th. Finally, S&P Global set a €70.00 ($86.42) target price on Daimler and gave the company a “neutral” rating in a research note on Thursday, January 11th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of €77.35 ($95.49).
Shares of Daimler (ETR:DAI) traded down €0.21 ($0.26) during trading hours on Friday, reaching €67.50 ($83.33). The company had a trading volume of 3,390,347 shares, compared to its average volume of 4,540,000. The company has a market cap of $72,210.00 and a price-to-earnings ratio of 6.86. Daimler has a twelve month low of €59.01 ($72.85) and a twelve month high of €76.36 ($94.27).
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 segments. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
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