In a report released today, Philippe Houchois from Jefferies maintained a Hold rating on Mercedes-Benz Group, with a price target of €60.00. The company’s shares closed yesterday at $60.79.
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Houchois covers the Consumer Cyclical sector, focusing on stocks such as Volkswagen, Mercedes-Benz Group, and Stellantis. According to TipRanks, Houchois has an average return of 16.3% and a 54.52% success rate on recommended stocks.
In addition to Jefferies, Mercedes-Benz Group also received a Hold from Kepler Capital ‘s Michael Raab in a report issued on October 10. However, on October 13, Deutsche Bank maintained a Buy 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 21.85K.
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