Jefferies analyst Philippe Houchois maintained a Hold rating on Mercedes-Benz Group today and set a price target of €55.00. The company’s shares opened today at $62.40.
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According to TipRanks, Houchois is a 5-star analyst with an average return of 16.3% and a 54.52% success rate. Houchois covers the Consumer Cyclical sector, focusing on stocks such as Volkswagen, Stellantis, and Bayerische Motoren Werke Aktiengesellschaft.
In addition to Jefferies, Mercedes-Benz Group also received a Hold from RBC Capital’s Tom Narayan in a report issued today. However, on the same day, J.P. Morgan maintained a Buy rating on Mercedes-Benz Group (Other OTC: MBGAF).
MBGAF market cap is currently $61.84B and has a P/E ratio of 8.26.
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