Daimler (DDAIF) Receives a Hold from Bernstein

By Jason Carr

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 $65.07.

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

According to TipRanks.com, Warburton is ranked #1782 out of 5197 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Daimler with a $64.22 average price target, a -1.3% downside from current levels. In a report issued on April 15, UBS also maintained a Hold rating on the stock with a $52 price target.

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Daimler’s market cap is currently $70.94B and has a P/E ratio of 8.11. The company has a Price to Book ratio of 0.94.

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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.