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

Tipranks - Thu Sep 10, 12:26PM CDT

In a report released today, Stephen Reitman from Bernstein maintained a Hold rating on Mercedes-Benz Group, with a price target of €56.00.

According to TipRanks, Reitman is a 3-star analyst with an average return of 2.8% and a 43.13% success rate. Reitman covers the Consumer Cyclical sector, focusing on stocks such as Ferrari, Bayerische Motoren Werke Aktiengesellschaft, and Mercedes-Benz Group.

In addition to Bernstein, Mercedes-Benz Group also received a Hold from RBC Capital’s Tom Narayan in a report issued yesterday. However, on August 27, DZ BANK AG maintained a Buy rating on Mercedes-Benz Group (Other OTC: MBGAF).

The company has a one-year high of €62.34 and a one-year low of €42.63. Currently, Mercedes-Benz Group has an average volume of 2.18M.

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