Is Mercedes a good company to invest in?
MBGYY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 6. Over the past year, MBGYY’s Forward P/E has been as high as 8. According to the 1 analysts’ twelve-month price targets for Totally, the average price target is GBX 20. The highest price target for TLY is GBX 20, while the lowest price target for TLY is GBX 20. The average price target represents a forecasted upside of 7,900. GBX 0.According to the 2 analysts’ twelve-month price targets for Gaming Realms, the average price target is GBX 53. The highest price target for GMR is GBX 57, while the lowest price target for GMR is GBX 50. The average price target represents a forecasted upside of 2. GBX 52.Wall Street analysts forecast MBG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MBG is 61. EUR with a low forecast of 38. EUR and a high forecast of 94. EUR.
Is Mercedes a buy or sell?
Mercedes-Benz Group has a consensus rating of Moderate Buy, which is based on 6 buy ratings, 9 hold ratings and 0 sell ratings. The average share price target for Mercedes-Benz Group is 60. Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance. Mercedes shares fell more than 6% Friday after becoming the latest carmaker to cut its 2024 guidance. The German carmaker cited weaker demand from China as the main driver of the downgrade.Despite the better-than-expected earnings, we remain slightly positive on Mercedes stock with a price estimate of around $66 per share, which is about 10% higher than the market price.Mercedes-Benz stock dips after pulling profit guidance on tariff fears. Shares in Mercedes-Benz slipped slightly on Wednesday morning after the carmaker withdrew its full-year outlook and announced a drop in earnings.
Is Mercedes financially stable?
Mercedes-Benz’s current ratio of 1. With a ratio above 1, Mercedes-Benz is well-positioned to meet its short-term obligations, showcasing financial stability amid market fluctuations. Several Mercedes-Benz models are known for lasting well over 100,000 miles. They are great for long-term ownership. Mercedes is famous for luxury and performance, but some models stand out for their durability.Strong Resale Value. Investing in a Mercedes-Benz is not just about luxury and performance; it is also a smart financial decision. Unlike many other vehicles, Benz cars maintain a strong resale value due to their high demand and reputation for reliability.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!Mercedes-Benz Group has a consensus rating of Moderate Buy, which is based on 5 buy ratings, 8 hold ratings and 0 sell ratings. The average share price target for Mercedes-Benz Group is 60. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.