Bernstein Keeps Their Hold Rating on Daimler (DDAIF)

By Carrie Williams

Bernstein analyst Max Warburton maintained a Hold rating on Daimler (DDAIFResearch Report) today and set a price target of $73. The company’s shares opened today at $58.43.

Warburton has an average return of 18.5% when recommending Daimler.

According to TipRanks.com, Warburton is ranked #2240 out of 5192 analysts.

Daimler has an analyst consensus of Hold, with a price target consensus of $62.82, which is a 7.5% upside from current levels. In a report issued on April 30, Societe Generale also downgraded the stock to Hold with a $58 price target.

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Daimler’s market cap is currently $65.63B and has a P/E ratio of 8.03. The company has a Price to Book ratio of 0.88.

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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.