Daimler (DDAIF) Receives a Sell from DZ BANK AG

DZ BANK AG analyst Dirk Schlamp maintained a Sell rating on Daimler (DDAIFResearch Report) today. The company’s shares opened today at $52.11, close to its 52-week low of $50.64.

Daimler has an analyst consensus of Hold, with a price target consensus of $63.74, a 22.3% upside from current levels. In a report issued on July 2, Citigroup also reiterated a Sell rating on the stock with a $40 price target.

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Daimler’s market cap is currently $56.39B and has a P/E ratio of 6.82. The company has a Price to Book ratio of 0.75.

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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.