Daimler (DDAIF) Receives a Hold from Bernstein

Bernstein analyst Max Warburton maintained a Hold rating on Daimler (DDAIFResearch Report) today and set a price target of $55. The company’s shares opened today at $53.05, close to its 52-week low of $50.64.

Warburton has an average return of 18.6% when recommending Daimler.

According to TipRanks.com, Warburton is ranked #3654 out of 5234 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Daimler with a $61.44 average price target, which is a 15.8% upside from current levels. In a report issued on June 28, Kepler Capital also maintained a Hold rating on the stock with a $52 price target.

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Daimler’s market cap is currently $58.21B and has a P/E ratio of 6.94. The company has a Price to Book ratio of 0.76.

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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.