According to a report published by StreetInsider.com, Mercedes-Benz Group AG (DDAIF) said that the price of its 2022 AMG EQS Sedan will start from $147,500. Two variants of the EV – Pinnacle and Exclusive, are scheduled to be available in the U.S. in late spring.
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The company’s release said, “The vehicle’s standard equipment, including the MBUX Hyperscreen under a single 56-inch curved glass surface, paired with adaptive software allows the system to adapt entirely to its user.”
The electric sedan comes with a standard augmented reality head-up display, a multimedia display, and distinctive displays in the instrument cluster.
About Mercedes-Benz
Based out of Germany, Mercedes-Benz manufactures and sells cars, vans, and trucks under the brands Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, and Daimler Buses. The company also offers financial services via its Daimler Financial Services unit.
DDAIF stock is currently up 0.5% in today’s trading session.
Wall Street’s Take
Based on 13 Buys and one Hold, Mercedes-Benz has a Strong Buy consensus rating. Mercedes-Benz’s average price target of $99.92 implies 41.2% upside potential from current levels. Shares have lost 8.2% year-to-date.
Blogger Opinions
TipRanks data shows that financial blogger opinions are 87% Bullish on Mercedes-Benz, compared to the sector average of 69%.
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