UBS Sticks to Its Hold Rating for Daimler (DDAIF)

By Carrie Williams

In a report released today, Patrick Hummel from UBS maintained a Hold rating on Daimler (DDAIFResearch Report), with a price target of $52. The company’s shares opened today at $65.03.

According to TipRanks.com, Hummel is a 1-star analyst with an average return of -1.7% and a 41.7% 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.

Daimler has an analyst consensus of Hold, with a price target consensus of $63.74, which is a -2.0% downside from current levels. In a report issued on April 23, Credit Suisse also maintained a Hold rating on the stock with a $58 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $80.97 and a one-year low of $50.64. Currently, Daimler has an average volume of 50.78K.

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.