Rckenwind: Daimler share up: Jefferies raises Daimler by two tiers to ‘Buy’ | message

0
33


The analysis house Jefferies has turned its vote for Daimler from “Underperform” to “Buy”, even if the target price was left at 40 euros. In the worsening crisis, liquidity risks cannot be dismissed from car manufacturers, analyst Philippe Houchois wrote in a study available on Wednesday. The indebtedness of some groups could drive the overdue consolidation. He justified the sudden buy recommendation for Daimler with a mix of favorable valuation, ongoing restructuring, good market positions and the intentions of Chinese shareholders.

The Daimler share in XETRA trading increased by 8.95 percent to EUR 31.90. In the course of time, she temporarily gave up her profits. At the end of trading, however, there was an increase of 1.66 percent to EUR 29.77 on the board.

/ tih / bek

Publication of the original study: 24.03.2020 / 18:42 / ET

First transmission of the original study: 24.03.2020 / 20:00 / ET

———————–

dpa-AFX Broker – the trader news from dpa-AFX

———————–

NEW YORK (dpa-AFX broker)

advertising

Current certificates from

The basic prospectus, the final terms and the basic information sheets are available here: DC4HKR. Please also note the further information ** regarding this advertising.

More news about Daimler AG

Image sources: Vytautas Kielaitis / Shutterstock.com, ben bryant / Shutterstock.com



Source link
https://www.finanzen.net/nachricht/aktien/rueckenwind-daimler-aktie-im-plus-jefferies-hebt-daimler-um-zwei-stufen-auf-buy-8668081

LEAVE A REPLY

Please enter your comment!
Please enter your name here