Mercedes-Benz Group AG (OTCMKTS:DDAIF) Receives Consensus Rating of “Buy” from Analysts

Shares of Mercedes-Benz Group AG (OTCMKTS:DDAIFGet Rating) have been given an average recommendation of “Buy” by the sixteen ratings firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $91.83.

Several research firms have issued reports on DDAIF. HSBC upgraded shares of Mercedes-Benz Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 17th. Credit Suisse Group lowered their target price on shares of Mercedes-Benz Group from €90.00 ($96.77) to €83.00 ($89.25) and set an “outperform” rating on the stock in a research note on Thursday, March 31st. Societe Generale lowered their price objective on shares of Mercedes-Benz Group from €114.00 ($122.58) to €104.00 ($111.83) in a research note on Friday, February 25th. Sanford C. Bernstein began coverage on shares of Mercedes-Benz Group in a research note on Tuesday, May 17th. They issued an “outperform” rating on the stock. Finally, Royal Bank of Canada increased their price objective on shares of Mercedes-Benz Group from €88.00 ($94.62) to €89.00 ($95.70) and gave the stock an “outperform” rating in a research note on Thursday, April 28th.

DDAIF stock traded down $0.07 during trading on Wednesday, hitting $72.67. 15,349 shares of the stock traded hands, compared to its average volume of 21,076. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.17. The firm’s 50 day moving average is $68.65 and its two-hundred day moving average is $76.36. Mercedes-Benz Group has a 1 year low of $60.79 and a 1 year high of $103.78.

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.

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Analyst Recommendations for Mercedes-Benz Group (OTCMKTS:DDAIF)

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