Norddeutsche Landesbank analyst Frank Schwope maintained a Buy rating on Daimler (OTC:DDAIF) on Friday, setting a price target of EUR96, which is approximately 11.25% above the present share price of $97.5.
Schwope expects Daimler to post earnings per share (EPS) of $2.31 for the fourth quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Strong Buy rating of shares in Daimler, with an average price target of $114.29.
The analysts price targets range from a high of $131.07 to a low of $90.39.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $31.65 billion and a net profit of $2.78 billion. The company's market cap is $104.31 billion.
According to TipRanks.com, Norddeutsche Landesbank analyst Frank Schwope is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -41.8% and a 25.35% success rate.
Daimler AG (DE:DAIGn) 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. The Mercedes-Benz Cars segment sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. The Daimler Trucks distributes its trucks under the brand names Mercedes-Benz, Freightliner, FUSO, Western Star, and BharatBenz. The Mercedes-Benz Vans segment manufactures commercial vans such as Sprinter large van, the Vito mid-size van, and the Mecedez-Benz Citan urban delivery van. The Daimler Buses segment trades city and intercity buses, coaches, and bus chassis under the Mercedes-Benz and Setra brands. The Daimler Financial Services segment consists of tailored financing and leasing packages for customers and dealers. It also provides services such as insurance, fleet management, investment products, and credit cards. The company was founded by Gottlieb Daimler and Carl Benz in 1926 and is headquartered in Stuttgart, Germany.