What is the stock price prediction for Mercedes-Benz?
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. 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.
Is Mercedes a good investment?
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. There are many reports of Mercedes-Benz vehicles lasting 30 years or more. One Mercedes-Benz—a 1976 Mercedes-Benz 240D that was owned by Gregorios Sachinidis—was able to continue running up to 2,850,000 miles! That makes it the longest-running Mercedes-Benz vehicle ever made, by a significant margin.With proper maintenance and care, many Mercedes-Benz vehicles can last 15 to 20 years or more. The key is to adhere to regular maintenance schedules, drive responsibly, and use high-quality parts for repairs.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.How Many Years Do Mercedes-Benz Vehicles Last? Similar to the number of miles, the number of years your vehicle will last depends on many factors. If you drive your vehicle for around 15,000 miles annually and are proactive with your maintenance, your Mercedes-Benz should last 10 to 17 years.
Will Mercedes-Benz stock go up?
Average Price Target Based on 15 Wall Street analysts offering 12 month price targets for Mercedes-Benz Group in the last 3 months. The average price target is $71. The average price target represents a 22. The average price target is $200. The average price target represents a 1.
What is the name of Mercedes stock in India?
Mercedes Benz Group AG (MBGn) Affalterbach is home to AMG’s management, administration, sales, development and design teams as well as AMG hand-crafted engine building. This is where AMG V8 engines and AMG 4-cylinder/in-line engines are produced.AMG – these three letters stand worldwide for supreme automotive performance, exclusiveness, efficiency and highly dynamic driving pleasure. Today, as a wholly owned subsidiary of Mercedes-Benz Group AG, the Affalterbach-based company represents the sporting spearhead of the Group.