Royal Bank of Canada set a €67.00 ($77.91) target price on Daimler (ETR:DAI) in a report published on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts have also recently commented on the stock. Deutsche Bank reaffirmed a buy rating and set a $80.00 price target on shares of Bayerische Motoren Werke in a research note on Monday, July 8th. JPMorgan Chase & Co. reaffirmed a buy rating and set a $69.00 price target on shares of Daimler in a research note on Friday. Independent Research set a €53.00 ($61.63) price target on shares of Daimler and gave the stock a neutral rating in a research note on Monday, June 24th. Barclays raised shares of WPP from an equal weight rating to an overweight rating in a research note on Monday, April 29th. Finally, Oddo Bhf set a GBX 1,170 ($15.29) price target on shares of easyJet and gave the stock a neutral rating in a research note on Monday, May 20th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the company. The company has an average rating of Hold and a consensus target price of €56.57 ($65.77).
DAI stock opened at €46.52 ($54.09) on Friday. Daimler has a 12 month low of €44.51 ($51.76) and a 12 month high of €60.00 ($69.77). The company has a debt-to-equity ratio of 228.26, a quick ratio of 0.85 and a current ratio of 1.23. The business’s 50-day moving average price is €47.95. The stock has a market cap of $49.77 billion and a PE ratio of 7.04.
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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