Daimler (ETR:DAI) Given a €50.00 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €50.00 ($58.14) price objective on Daimler (ETR:DAI) in a research note released on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also commented on the company. Bank of America set a €65.00 ($75.58) price target on Daimler and gave the company a buy rating in a research report on Tuesday, May 14th. Warburg Research set a €54.00 ($62.79) price target on Daimler and gave the company a neutral rating in a research report on Wednesday, July 24th. Oddo Bhf set a €65.00 ($75.58) price target on Daimler and gave the company a buy rating in a research report on Monday, May 20th. Goldman Sachs Group set a €42.00 ($48.84) price target on Daimler and gave the company a sell rating in a research report on Wednesday, July 24th. Finally, Jefferies Financial Group set a €50.00 ($58.14) target price on Daimler and gave the company a neutral rating in a research report on Tuesday, July 2nd. Six equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of €55.50 ($64.53).

ETR DAI opened at €41.25 ($47.96) on Friday. The firm has a market capitalization of $44.12 billion and a P/E ratio of 10.96. The business has a fifty day simple moving average of €46.24 and a 200 day simple moving average of €50.66. Daimler has a 12 month low of €42.50 ($49.42) and a 12 month high of €60.00 ($69.77). The company has a current ratio of 1.12, a quick ratio of 0.76 and a debt-to-equity ratio of 249.44.

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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