Daimler (DAI) Stock Rating Reaffirmed by Morgan Stanley

It's worth remembering here that Daimler is now being sued by owners of diesel Mercedes-Benz vehicles in the USA in relation to illegally high emissions, and that it's now being investigated along with other German auto firms in relation to various crimes of market-distorting collusion.

A number of other analysts have also recently commented on the company. Credit Suisse Group's price objective suggests a potential upside of 14.51% from the company's current price.

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Daimler (OTCMKTS:DDAIF) was downgraded by equities researchers at ValuEngine from a "strong-buy" rating to a "buy" rating in a report released on Monday, February 5th. Sanford C. Bernstein set a €85.00 ($104.94) price target on Daimler and gave the company a "buy" rating in a report on Friday, February 2nd. Deutsche Bank set a €90.00 ($111.11) price target on Daimler and gave the stock a buy rating in a report on Monday, January 8th. They issued a neutral rating for the company. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the company.

Shares of Daimler (ETR:DAI) opened at €71.61 ($88.41) on Monday. The stock has a market capitalization of $76,930.00 and a price-to-earnings ratio of 7.33. Daimler has a fifty-two week low of €59.01 ($72.85) and a fifty-two week high of €76.36 ($94.27).

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Reuters reported that Daimler AG, owner of the Mercedes-Benz brand, warned that a fall in demand for diesel cars and a switch to electric vehicles could force it to prop up its supplier base. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group.

The Daimler annual report reads: "Due to the planned electrification of new model series and a shift in customer demand from diesel to gasoline engines, the Mercedes-Benz Cars segment in particular is faced with the risk that Daimler will require changed volumes of components from suppliers".

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The building was under construction since the past six years, with no major work being carried out over the last two years. The under construction building which fall apart is located in Haralur, on the Central Jail Road in Kasavanahalli.

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