In a report issued on March 1, Thomas Besson from Kepler Capital upgraded Daimler (DDAIF) to Buy, with a price target of EUR78.00. The company’s shares closed last Tuesday at $82.63.
According to TipRanks.com, Besson is a 1-star analyst with an average return of -2.2% and a 63.0% success rate. Besson covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Bayerische Motoren Werke Aktiengesellschaft, and Stellantis.
Daimler has an analyst consensus of Moderate Buy, with a price target consensus of $92.59, implying a 13.1% upside from current levels. In a report issued on February 15, Bernstein also maintained a Buy rating on the stock with a EUR90.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $82.00 and a one-year low of $22.75. Currently, Daimler has an average volume of 30.32K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.