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Bernstein Keeps Their Hold Rating on Mercedes-Benz Group (MBGAF)

Tipranks - Tipranks - Tue May 5, 2:36AM CDT

In a report released today, Stephen Reitman from Bernstein maintained a Hold rating on Mercedes-Benz Group, with a price target of €61.00.

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According to TipRanks, Reitman is a 3-star analyst with an average return of 2.2% and a 36.91% success rate. Reitman covers the Consumer Cyclical sector, focusing on stocks such as Mercedes-Benz Group, Bayerische Motoren Werke Aktiengesellschaft, and Ferrari.

In addition to Bernstein, Mercedes-Benz Group also received a Hold from Berenberg Bank’s Romain Gourvil in a report issued on April 30. However, on April 29, J.P. Morgan maintained a Buy rating on Mercedes-Benz Group (Other OTC: MBGAF).

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MBGAF market cap is currently €47.75B and has a P/E ratio of 8.80.

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