Daimler (ETR:DAI) Given a €35.00 Price Target by Goldman Sachs Group Analysts

Daimler (ETR:DAI) received a €35.00 ($39.33) price target from Goldman Sachs Group in a research note issued on Thursday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Goldman Sachs Group’s price objective indicates a potential downside of 5.89% from the company’s current price.

A number of other analysts also recently commented on DAI. Warburg Research set a €36.00 ($40.45) price target on shares of Daimler and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Morgan Stanley set a €48.00 ($53.93) target price on shares of Daimler and gave the stock a “buy” rating in a report on Wednesday. HSBC set a €30.00 ($33.71) target price on shares of Daimler and gave the stock a “neutral” rating in a report on Friday, April 17th. UBS Group set a €38.00 ($42.70) target price on shares of Daimler and gave the stock a “neutral” rating in a report on Tuesday, June 30th. Finally, Deutsche Bank set a €35.00 ($39.33) target price on shares of Daimler and gave the stock a “neutral” rating in a report on Monday, May 4th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the stock. Daimler has a consensus rating of “Hold” and an average target price of €40.11 ($45.07).

DAI stock opened at €37.19 ($41.79) on Thursday. Daimler has a 52 week low of €21.02 ($23.61) and a 52 week high of €54.50 ($61.24). The company has a market capitalization of $40.26 billion and a price-to-earnings ratio of 106.26. The firm’s 50-day moving average is €35.35 and its two-hundred day moving average is €36.85. The company has a current ratio of 1.19, a quick ratio of 0.82 and a debt-to-equity ratio of 250.65.

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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