Daimler AG Given Outperform Rating at BNP Paribas (DAI)

Daimler AG (ETR: DAI)‘s stock had its “outperform” rating reaffirmed by equities research analysts at BNP Paribas in a research note issued to investors on Wednesday, AnalystRatingsNetwork reports. They currently have a €57.00 ($74.03) price target on the stock.

Daimler AG (ETR: DAI) traded down 1.30% on Wednesday, hitting €47.193. Daimler AG has a 1-year low of €32.875 and a 1-year high of €50.379. The stock’s 50-day moving average is currently €38.87.

Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Daimler AG in a research note to investors on Friday, May 31st. Separately, analysts at Bankhaus Metzler reiterated a “sell” rating on shares of Daimler AG in a research note to investors on Tuesday, May 28th. They now have a €39.00 ($50.65) price target on the stock. Finally, analysts at Barclays Capital downgraded shares of Daimler AG to an “underweight” rating in a research note to investors on Friday, May 24th. They now have a €36.00 ($46.75) price target on the stock.

Six investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. Daimler AG has a consensus rating of “Hold” and an average price target of €43.01 ($55.86).

Daimler AG is a Germany-based company that develops, manufactures and distributes a range of automotive products, mainly passenger cars, trucks, vans and buses, as well as manages the Daimler Group.