Daimler (OTCMKTS:DDAIF) Rating Reiterated by Societe Generale

Societe Generale reaffirmed their hold rating on shares of Daimler (OTCMKTS:DDAIF) in a research report sent to investors on Tuesday, April 30th, FirstToMarketsRatingsTable reports.

A number of other brokerages also recently issued reports on DDAIF. ValuEngine upgraded shares of Daimler from a strong sell rating to a sell rating in a report on Thursday, April 18th. Zacks Investment Research downgraded shares of Daimler from a buy rating to a hold rating in a report on Friday, January 11th. Barclays upgraded shares of Daimler from an underweight rating to an equal weight rating in a report on Wednesday, January 23rd. Citigroup restated a sell rating on shares of Daimler in a report on Friday, April 5th. Finally, Sanford C. Bernstein restated a hold rating and issued a $73.00 target price on shares of Daimler in a report on Wednesday, April 24th. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of $62.00.

Shares of DDAIF stock traded down $1.76 on Tuesday, hitting $57.10. 97,724 shares of the stock traded hands, compared to its average volume of 54,227. The company has a market capitalization of $60.98 billion, a price-to-earnings ratio of 7.13, a PEG ratio of 0.86 and a beta of 1.34. Daimler has a 52 week low of $50.64 and a 52 week high of $78.76. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.24 and a quick ratio of 0.94.

Daimler (OTCMKTS:DDAIF) last announced its quarterly earnings results on Friday, April 26th. The company reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.22. The company had revenue of $45.08 billion for the quarter. Daimler had a net margin of 4.27% and a return on equity of 10.77%. Equities research analysts expect that Daimler will post 8.91 earnings per share for the current fiscal year.

About Daimler

Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand.

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Analyst Recommendations for Daimler (OTCMKTS:DDAIF)

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