In a report released today, Alexander Wahl from Stifel Nicolaus maintained a Buy rating on Daimler Truck Holding AG (DTG – Research Report), with a price target of €44.00.
Alexander Wahl’s rating is based on Daimler Truck Holding AG’s strong financial performance and promising future outlook. The company reported fourth-quarter results that were in line with expectations, with the Daimler Trucks North America (DTNA) segment performing notably well, exceeding consensus estimates by 10%. Additionally, the Mercedes-Benz segment delivered an impressive 45% EBIT beat compared to consensus, showcasing a robust margin of 8.1%.
Furthermore, Daimler Truck’s guidance for the fiscal year 2025 aligns with market expectations, with industrial revenue projected between €52-54 billion and a return on sales of 8-10%. The company’s strategic restructuring initiatives, particularly within the Mercedes-Benz brand, aim for significant cost savings by 2030, which could enhance profitability. Despite some uncertainties regarding macroeconomic factors and regulatory changes, the overall positive financial indicators and strategic plans contribute to Wahl’s Buy rating for the stock.
According to TipRanks, Wahl is a 5-star analyst with an average return of 31.3% and a 71.70% success rate.
In another report released today, Jefferies also maintained a Buy rating on the stock with a €50.00 price target.
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