DAIMLER AG – Consensus Indicates Potential -17.2% Downside

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DAIMLER AG with ticker code (DAI.DE) have now 29 analysts covering the stock pointing to an overall recommendation of ‘none’. The range between the high target price and low target price is between €98.00 and €41. and has a mean target at €62.70. Now with the previous closing price of €75.75 this would imply there is a potential downside of -17.2%. There is a 50 day moving average of €75.04 while the 200 day moving average is €72.08. The market capitalisation for the company is €81b. You can visit the company’s website by visiting: http://www.daimler.com

Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars & Vans, Daimler Trucks and Buses, and Daimler Mobility segments. The Mercedes-Benz Cars segment offers premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ brands; small cars under the smart brand name; and ecosystem of Mercedes-Benz under the Mercedes me brand, as well as vans and related services under the Mercedes-Benz and Freightliner brands. Daimler Trucks and Buses segment offers its trucks and special vehicles under the Mercedes-Benz, Freightliner, Western Star, FUSO, and BharatBenz brands; and buses under the Mercedes-Benz, Setra, Thomas Built Buses, and FU brands, as well as bus chassis. The Daimler Mobility segment provides financing and leasing packages for end-customers and dealers; and automotive insurance brokerage, banking, investment, and fleet management services under the Athlon brand. It also sells vehicle related spare parts and accessories. Daimler AG was founded in 1886 and is headquartered in Stuttgart, Germany

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