Goldman Sachs Persist with Their Purchase Ranking for Daimler By Fintech Zoom

Goldman Sachs (NYSE🙂 analyst George Galliers maintained a Purchase score on Daimler (OTC:) on Wednesday, setting a price goal of EUR60, which is roughly 4.65% above the current share price of $68.39.

Galliers expects Daimler to publish earnings per share (EPS) of $1.92 for the fourth quarter of 2020.

The present consensus amongst 21 TipRanks analysts is for a Average Purchase score of shares in Daimler, with a median price goal of $67.45.
The analysts price targets vary from a excessive of $83.5 to a low of $57.26.

In its newest earnings report, launched on 09/30/2020, the corporate reported a quarterly income of $40.28 billion and a internet revenue of $3.06 billion. The corporate’s market cap is $70.34 billion.

In accordance with TipRanks.com, Goldman Sachs analyst George Galliers is at present ranked with Zero stars on a 0-5 stars rating scale, with a median return of -6.2% and a 53.13% success fee.

Daimler AG (DE:) engages within the manufacturing and distribution of vehicles, vans, and vans. It operates by the next segments: Mercedes-Benz Automobiles, Daimler Vehicles, Mercedes-Benz Vans, Daimler Buses, and Daimler Monetary Providers. The Mercedes-Benz Automobiles section sells passenger vehicles and off-road autos underneath the Mercedes-Benz model and small vehicles underneath the good model. The Daimler Vehicles distributes its vans underneath the model names Mercedes-Benz, Freightliner, FUSO, Western Star, and BharatBenz. The Mercedes-Benz Vans section manufactures business vans akin to Sprinter giant van, the Vito mid-size van, and the Mecedez-Benz Citan city supply van. The Daimler Buses section trades metropolis and intercity buses, coaches, and bus chassis underneath the Mercedes-Benz and Setra manufacturers. The Daimler Monetary Providers section consists of tailor-made financing and leasing packages for patrons and sellers. It additionally offers providers akin to insurance coverage, fleet administration, funding merchandise, and bank cards. The corporate was based by Gottlieb Daimler and Carl Benz in 1926 and is headquartered in Stuttgart, Germany.

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