Kepler Capital analyst Olivier Calvet maintained a Buy rating on Daimler (DDAIF – Research Report) on December 27 and set a price target of EUR90.00. The company’s shares closed last Tuesday at $78.40.
According to TipRanks.com, Calvet is ranked #1375 out of 7756 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Daimler with a $105.70 average price target, implying a 34.0% upside from current levels. In a report issued on December 12, J.P. Morgan also maintained a Buy rating on the stock with a EUR90.00 price target.
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The company has a one-year high of $103.78 and a one-year low of $67.30. Currently, Daimler has an average volume of 21.1K.
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Daimler AG engages in the production and distribution of cars, trucks, and vans. It operates through the following segments: Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services. The Mercedes-Benz Cars segment sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. The Daimler Trucks distributes its trucks under the brand names Mercedes-Benz, Freightliner, FUSO, Western Star, and BharatBenz. The Mercedes-Benz Vans segment manufactures commercial vans such as Sprinter large van, the Vito mid-size van, and the Mecedez-Benz Citan urban delivery van. The Daimler Buses segment trades city and intercity buses, coaches, and bus chassis under the Mercedes-Benz and Setra brands. The Daimler Financial Services segment consists of tailored financing and leasing packages for customers and dealers. It also provides services such as insurance, fleet management, investment products, and credit cards. The company was founded by Gottlieb Daimler and Carl Benz in 1926 and is headquartered in Stuttgart, Germany.
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