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

Tipranks - Tipranks - Thu Jun 4, 7:08AM CDT

Bernstein analyst Stephen Reitman maintained a Hold rating on Mercedes-Benz Group today and set a price target of €61.00.

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Reitman covers the Consumer Cyclical sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mercedes-Benz Group, and Ferrari. According to TipRanks, Reitman has an average return of 2.7% and a 38.16% success rate on recommended stocks.

In addition to Bernstein, Mercedes-Benz Group also received a Hold from RBC Capital’s Tom Narayan in a report issued on May 20. However, yesterday, J.P. Morgan maintained a Buy rating on Mercedes-Benz Group (Other OTC: MBGAF).

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The company has a one-year high of €62.34 and a one-year low of €47.40. Currently, Mercedes-Benz Group has an average volume of 2.91M.

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