HSBC Holdings plc Analysts Give Daimler AG (DAI) a €62.00 Price Target

HSBC Holdings plc set a €62.00 ($72.94) price objective on Daimler AG (ETR:DAI) in a research report released on Tuesday, August 1st. The firm currently has a neutral rating on the stock.

A number of other research analysts have also issued reports on DAI. Sanford C. Bernstein set a €85.00 ($100.00) price target on shares of Daimler AG and gave the stock a buy rating in a research note on Thursday, April 6th. Goldman Sachs Group, Inc. (The) set a €81.00 ($95.29) price target on shares of Daimler AG and gave the stock a neutral rating in a research note on Wednesday, May 24th. Nord/LB set a €78.00 ($91.76) price target on shares of Daimler AG and gave the stock a buy rating in a research note on Wednesday, April 26th. DZ Bank AG reiterated a buy rating on shares of Daimler AG in a research note on Thursday, April 6th. Finally, Deutsche Bank AG set a €90.00 ($105.88) price target on shares of Daimler AG and gave the stock a buy rating in a research note on Thursday, April 27th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of €72.50 ($85.29).

Daimler AG (ETR:DAI) traded up 0.391% during midday trading on Tuesday, reaching €59.874. The company’s stock had a trading volume of 10,271 shares. Daimler AG has a 12-month low of €59.01 and a 12-month high of €73.20. The company’s 50-day moving average is €62.53 and its 200 day moving average is €66.70. The firm has a market cap of €64.05 billion and a price-to-earnings ratio of 6.477.

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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.

Analyst Recommendations for Daimler AG (ETR:DAI)

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