Analysts Offer Insights on Consumer Goods Companies: Stmicroelectronics NV (NYSE: STM) and Daimler (Other OTC: DDAIF)

By Austin Angelo

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Stmicroelectronics NV (STMResearch Report) and Daimler (DDAIFResearch Report).

Stmicroelectronics NV (STM)

Deutsche Bank analyst Johannes Schaller maintained a Buy rating on Stmicroelectronics NV today and set a price target of $18. The company’s shares opened today at $17.88.

Schaller has an average return of 13.0% when recommending Stmicroelectronics NV.

According to TipRanks.com, Schaller is ranked #4518 out of 5182 analysts.

Currently, the analyst consensus on Stmicroelectronics NV is a Moderate Buy with an average price target of $17.16.

See today’s analyst top recommended stocks >>

Daimler (DDAIF)

In a report released today, Patrick Hummel from UBS maintained a Hold rating on Daimler, with a price target of $52. The company’s shares opened today at $63.88.

According to TipRanks.com, Hummel is a 1-star analyst with an average return of -2.7% and a 45.5% success rate. Hummel covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Bayerische Motoren Werke Aktiengesellschaft, and Continental Aktiengesellschaft.

The word on The Street in general, suggests a Hold analyst consensus rating for Daimler with a $63.58 average price target, a -0.5% downside from current levels. In a report issued on April 2, Jefferies also maintained a Hold rating on the stock with a $50 price target.

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