DZ BANK AG Maintains a Sell Rating on Daimler (DDAIF)

By Carrie Williams

In a report released today, Michael Punzet from DZ BANK AG maintained a Sell rating on Daimler (DDAIFResearch Report). The company’s shares opened today at $55.12.

Punzet has an average return of 8.0% when recommending Daimler.

According to TipRanks.com, Punzet is ranked #2659 out of 5247 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Daimler with a $60.32 average price target, implying a 9.4% upside from current levels. In a report released today, Goldman Sachs also maintained a Sell rating on the stock with a $42 price target.

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The company has a one-year high of $69.83 and a one-year low of $50.64. Currently, Daimler has an average volume of 49.81K.

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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.