Zacks Investment Research downgraded Daimler AG (NASDAQ:DDAIF) to Hold in a report released today.
- Updated: April 20, 2017
Zacks Investment Research has downgraded Daimler AG (NASDAQ:DDAIF) to Hold in a report released on 4/20/2017.
Previously on Wednesday April 19, 2017, Zacks Investment Research reported on Daimler AG (NASDAQ:DDAIF) raised the target price from $0.00 to $79.00. At the time, this indicated a possible upside of 0.13%.
Yesterday Daimler AG (NASDAQ:DDAIF) traded -0.23% lower at $71.10. The company’s 50-day moving average is $74.03 and its 200-day moving average is $72.63. The last closing price is down -3.42% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 24,678 shares of the stock were exchanged, down from an average trading volume of 33,034
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Daimler AG has a 52 week low of $56.56 and a 52 week high of $78.21 with a P/E ratio of 8.27 The company’s market cap is currently $0.
About Daimler AG (NASDAQ:DDAIF)
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler's segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services. The Mercedes-Benz Cars segment includes vehicles of the Mercedes-Benz brand, including the brands, Mercedes-AMG and Mercedes-Maybach, as well as the Mercedes me brand. The Daimler Trucks segment develops and produces vehicles under the brands, including Mercedes-Benz, Freightliner, Western Star, FUSO and BharatBenz. The Mercedes-Benz Vans segment is a supplier of a range of vans and associated services. The Daimler Buses segment sells completely built-up buses under brand names, including MercedesBenz and Setra. The Daimler Financial Services segment supports the sales of its automotive brands in approximately 40 countries around the world.
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