What is the future outlook for Mercedes-Benz stock?
The average share price target for Mercedes-Benz Group is 61. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Mercedes-Benz Group’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 12 Wall Streets Analysts. The consensus rating for Mercedes Benz Group is Buy, based on insights from 21 analysts.Mercedes-Benz vehicles are renowned for their durability, performance, and engineering excellence. With proper care, these cars can easily reach 200,000 miles or more, often translating into 15 to 20 years of reliable service.In the case of Mercedes-Benz, the company is A-rated and has less than 34. Next to other, riskier automotive, it’s a very conservative legacy player – and one that also has a very clear history of outperforming, more often than not, every estimate given to it.
Why is Mercedes stock so cheap?
Mercedes, like all luxury cars, sell for way below the original msrp because of supply and demand. The people who regularly buy luxury cars generally buy or lease them constantly. So if someone buys a new Mercedes every year thats a used Mercedes coming on the market every year. Depreciation. Due to the faster depreciation rate of luxury cars, buying a used Mercedes can be more attractive than you think. The value of a Mercedes will see the biggest hit within the first 5 years of its life, this makes the initial purchase price less of a concern if you are looking at a vehicle 5+ years old.Mercedes, especially in its AMG models, can offer equally formidable engine power. The Mercedes-AMG E63 S, for example, produces up to 603 horsepower, rivaling BMW’s top sports models. However, Mercedes engines are often tuned for smoother power delivery, whereas BMW focuses on agility and responsiveness.If you value comfort, Mercedes is a top pick in the luxury car scene. But if you’re looking for a thrilling driving experience, BMW is the way to go. BMWs also have better reliability and safety. Hopefully, that information about BMW and Mercedes was helpful!