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Mercedes-Benz Group AG buy Snowman

Start price
€66.49
21.01.23 / 60%
Target price
€70.00
21.07.23
Performance (%)
6.32%
End price
€70.69
21.07.23
Summary
This prediction ended on 21.07.23 with a price of €70.69. The BUY prediction by Snowman finished with a performance of 6.32%. A total of €5.20 was paid as dividends for this prediction. Snowman has 60% into this prediction

Mercedes-Benz (Symbol DAI) is a German multinational automotive company that designs, manufactures, and distributes luxury vehicles, buses, coaches, and trucks. The company is one of the world's largest car manufacturers and has a reputation for engineering excellence, innovative design, and quality engineering. Mercedes-Benz operates worldwide with its headquarters in Stuttgart, Germany, and has a strong global presence, including production plants in several countries. The company's shares are publicly listed on the Frankfurt Stock Exchange and make up a significant portion of the DAX 30 index.

Performance without dividends (%)
Name 1w 1m 1y
Mercedes-Benz Group AG -0.849% -0.849% 2.693%
iShares Core DAX® 2.149% 5.415% 21.385%
iShares Nasdaq 100 0.838% 1.926% 44.386%
iShares Nikkei 225® 1.143% 2.887% 27.641%
iShares S&P 500 1.265% 3.698% 33.327%

According to Snowman what are the pros and cons of Mercedes-Benz Group AG for the foreseeable future?

Pros
High Investments for future growth
Top 10 in its market
Known brand
Cons
Probably not worthwhile Investment
Revenue decline/stagnation expected
EBIT decline/stagnation expected
overvalued
High risks for its business
Growths slower than the competition
Little innovation
Below average Management
Significant cyclical dependencies

Comments by Snowman for this prediction

In the thread Daimler AG diskutieren
Prediction Buy
Perf. (%) 6.32%
Target price 70.000
Change
Ends at 21.07.23

Buy mit Kursziel 70,0

In the thread Trading Daimler AG
Prediction Buy
Perf. (%) 6.32%
Target price 70.000
Change
Ends at 21.07.23

Die von Snowman gewählte maximale Laufzeit wurde überschritten

Stopped prediction by Snowman for Mercedes-Benz Group AG

buy
Mercedes-Benz Group AG

Start price
Target price
Perf. (%)
€71.35
25.02.22
€90.00
25.08.22
-21.29%
25.08.22

Probably not worthwhile Investment
Revenue decline/stagnation expected
EBIT decline/stagnation expected
overvalued
Mercedes-Benz Group AG

Start price
Target price
Perf. (%)
€75.71
17.02.22
€65.00
17.02.23
-5.76%
25.02.22

Probably not worthwhile Investment
Revenue decline/stagnation expected
EBIT decline/stagnation expected
overvalued
buy
Mercedes-Benz Group AG

Start price
Target price
Perf. (%)
€87.80
13.11.21
€94.00
13.11.22
-13.77%
17.02.22

Probably not worthwhile Investment
Revenue decline/stagnation expected
EBIT decline/stagnation expected
overvalued
buy
Mercedes-Benz Group AG

Start price
Target price
Perf. (%)
€72.00
31.08.21
€94.00
31.08.22
21.94%
13.11.21

Probably not worthwhile Investment
Revenue decline/stagnation expected
EBIT decline/stagnation expected
overvalued
buy
Mercedes-Benz Group AG

Start price
Target price
Perf. (%)
€57.75
19.12.20
€83.00
18.07.21
23.79%
18.07.21

Probably not worthwhile Investment
Revenue decline/stagnation expected
EBIT decline/stagnation expected
overvalued