As part of an industry study, the Jefferies analysts are also looking at Daimler’s shares. The pandemic has further exacerbated the crisis in the industry. Now we are eagerly waiting for new quarterly figures. The expectations of the market are low overall. There might be some surprises here.
The analysts expressly praise Daimler. On the one hand, there has been a clear recovery at the car manufacturer, on the other hand, the experts also like the truck sector.
Thus the buy recommendation for the shares of Daimler is confirmed before the quarterly figures. The experts see the price target at EUR 53.00. It was previously at 48.00 euros.
In addition to the Daimler shares, the study also praised the BMW paper. There is still a hold recommendation for BMW shares, the price target increases from EUR 57.00 to EUR 61.00.
The shares of Daimler gain 2.4 percent to 47.82 euros. At BMW there is a daily increase of 3.0 percent to 64.25 euros.