Daimler (ETR:DAI) received a €76.00 ($88.37) price target from JPMorgan Chase & Co. in a report issued on Thursday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 49.72% from the stock’s current price.
Other research analysts also recently issued research reports about the stock. equinet set a €71.00 ($82.56) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Thursday, July 26th. UBS Group set a €92.00 ($106.98) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Thursday, July 26th. Deutsche Bank restated a “buy” rating on shares of Daimler in a research report on Friday, July 27th. Societe Generale set a €72.00 ($83.72) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Friday, July 27th. Finally, Kepler Capital Markets set a €64.00 ($74.42) price target on shares of Daimler and gave the stock a “buy” rating in a research report on Friday, October 19th. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of €64.78 ($75.33).
DAI opened at €50.76 ($59.02) on Thursday. Daimler has a twelve month low of €59.01 ($68.62) and a twelve month high of €76.36 ($88.79).
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 segments. The Mercedes-Benz Cars segment offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the smart and Mercedes me brands, as well as electric mobility products under the EQ brand.
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