JPMorgan Chase & Co. Analysts Give Daimler (ETR:DAI) a €31.00 Price Target

JPMorgan Chase & Co. set a €31.00 ($36.05) price target on Daimler (ETR:DAI) in a research report report published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research analysts have also recently issued reports on the company. Deutsche Bank set a €50.00 ($58.14) price objective on Daimler and gave the stock a neutral rating in a research note on Tuesday, February 25th. Morgan Stanley set a €58.00 ($67.44) target price on Daimler and gave the stock a buy rating in a report on Monday, December 16th. HSBC set a €45.00 ($52.33) target price on Daimler and gave the stock a sell rating in a report on Thursday, December 12th. Nord/LB set a €46.00 ($53.49) target price on Daimler and gave the stock a neutral rating in a report on Friday, March 20th. Finally, Barclays set a €50.00 ($58.14) target price on Daimler and gave the stock a neutral rating in a report on Tuesday, February 11th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of €43.71 ($50.82).

Daimler stock opened at €29.59 ($34.40) on Monday. The company has a debt-to-equity ratio of 257.44, a quick ratio of 0.89 and a current ratio of 1.21. The business’s 50-day simple moving average is €35.40 and its two-hundred day simple moving average is €45.24. The company has a market cap of $31.65 billion and a PE ratio of 13.33. Daimler has a fifty-two week low of €27.82 ($32.34) and a fifty-two week high of €60.00 ($69.77).

About Daimler

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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