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Mercedes-Benz Group (MBGAF) Gets a Hold from UBS

Tipranks - Thu Apr 30, 6:36AM CDT

UBS analyst Patrick Hummel maintained a Hold rating on Mercedes-Benz Group today and set a price target of €57.00.

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Hummel covers the Consumer Cyclical sector, focusing on stocks such as Mercedes-Benz Group, Bayerische Motoren Werke Aktiengesellschaft, and Stellantis. According to TipRanks, Hummel has an average return of 7.1% and a 50.00% success rate on recommended stocks.

In addition to UBS, Mercedes-Benz Group also received a Hold from Bernstein’s Stephen Reitman in a report issued today. However, on the same day, Goldman Sachs maintained a Buy rating on Mercedes-Benz Group (Other OTC: MBGAF).

MBGAF market cap is currently €47.69B and has a P/E ratio of 11.66.

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