Research analysts at Sanford C. Bernstein assumed coverage on shares of Mercedes-Benz Group (OTCMKTS:DDAIF – Get Rating) in a note issued to investors on Tuesday, The Fly reports. The brokerage set an “outperform” rating on the stock.
A number of other brokerages have also issued reports on DDAIF. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Mercedes-Benz Group from €110.00 ($114.58) to €105.00 ($109.38) and set a “buy” rating on the stock in a research note on Thursday, March 31st. Zacks Investment Research upgraded shares of Mercedes-Benz Group from a “sell” rating to a “hold” rating in a research note on Monday. Societe Generale dropped their price target on shares of Mercedes-Benz Group from €114.00 ($118.75) to €104.00 ($108.33) in a research note on Friday, February 25th. HSBC upgraded shares of Mercedes-Benz Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 17th. Finally, Credit Suisse Group dropped their price target on shares of Mercedes-Benz Group from €90.00 ($93.75) to €83.00 ($86.46) and set an “outperform” rating on the stock in a research note on Thursday, March 31st. Three research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Mercedes-Benz Group currently has a consensus rating of “Buy” and an average price target of $90.42.
OTCMKTS DDAIF opened at $66.64 on Tuesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.17. Mercedes-Benz Group has a one year low of $60.79 and a one year high of $103.78. The firm’s fifty day moving average is $68.39 and its two-hundred day moving average is $79.67.
About Mercedes-Benz Group (Get Rating)
Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories.
- Get a free copy of the StockNews.com research report on Mercedes-Benz Group (DDAIF)
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