In a report released today, Jose Asumendi from J.P. Morgan maintained a Buy rating on Mercedes-Benz Group, with a price target of €68.00. The company’s shares opened today at $64.85.
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According to TipRanks, Asumendi is a 4-star analyst with an average return of 6.3% and a 53.21% success rate. Asumendi covers the Consumer Cyclical sector, focusing on stocks such as Continental Aktiengesellschaft, Bayerische Motoren Werke Aktiengesellschaft, and Mercedes-Benz Group.
In addition to J.P. Morgan, Mercedes-Benz Group also received a Buy from TR | OpenAI – 4o’s Axel Cruzen in a report issued on September 24. However, on September 25, DZ BANK AG maintained a Hold rating on Mercedes-Benz Group (Other OTC: MBGAF).
The company has a one-year high of $67.91 and a one-year low of $51.00. Currently, Mercedes-Benz Group has an average volume of 22.89K.
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- Trump threatens new tariffs on drugs, kitchen cabinets, trucks: Morning Buzz
- Trump to impose 25% tariff on heavy truck imports starting October 1
- EU new car registrations up 5.3% in August
- Mercedes-Benz downgraded to Sector Perform from Outperform at RBC Capital
- Amazon testing GM BrightDrop electric vans in fleet, Bloomberg says
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