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Mercedes-Benz Group (MBGAF) Receives a Hold from Jefferies

Tipranks - Tipranks - Thu May 7, 2:20PM CDT

Jefferies analyst Philippe Houchois maintained a Hold rating on Mercedes-Benz Group today and set a price target of €60.00.

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According to TipRanks, Houchois is a 5-star analyst with an average return of 14.7% and a 50.81% success rate. Houchois covers the Consumer Cyclical sector, focusing on stocks such as Mercedes-Benz Group, Bayerische Motoren Werke Aktiengesellschaft, and Stellantis.

In addition to Jefferies, Mercedes-Benz Group also received a Hold from Bernstein’s Stephen Reitman in a report issued on May 4. However, yesterday, Deutsche Bank maintained a Buy rating on Mercedes-Benz Group (Other OTC: MBGAF).

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MBGAF market cap is currently €46.15B and has a P/E ratio of 8.80.

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