Is Mercedes a good stock to buy?
Is MBGAF a Buy, Sell or Hold? Mercedes-Benz Group has a consensus rating of Hold which is based on 4 buy ratings, 8 hold ratings and 1 sell ratings. The average price target for Mercedes-Benz Group is $69. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Mercedes-Benz Group has a consensus rating of Hold which is based on 4 buy ratings, 8 hold ratings and 1 sell ratings. The average price target for Mercedes-Benz Group is $69. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.The highest analyst price target is $110. The average price target represents 8. Increase from the current price of $64. Mercedes-Benz Group’s analyst rating consensus is a Hold. This is based on the ratings of 13 Wall Streets Analysts.
Is Mercedes making money?
The revenue of Mercedes-Benz Group increased by over 2. As of 2023, the company registered revenue of around 153. Mercedes-Benz’s car sales fell by 3% in 2024, significantly impacted by a 7% decline in China and a 3% decrease in Europe. Sales of battery-electric cars dropped 23% to 185,100 units, increasing pressure due to new EU CO2 emission targets.
Is Mercedes better than BMW?
There are some subtle details to consider, though. 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. Their excellent construction and reliability consistently rank them among the sought-after used luxury cars. Moreover, owning a Mercedes comes with the perk of holding its value over time. When you eventually decide to sell, you can look forward to a solid return on your investment.The average Mercedes-Benz vehicle will retain over 47% of its value after five years. There are also models, such as the GLA, GLB, and GLC SUV, that will retain over 50% of their original value. Mercedes-Benz SUVs generally hold their value better because they have a higher level of popularity.
Is Mercedes good long term?
It’s recognized for high-quality materials and powerful engines, though not as reliable as more affordable brands like Toyota or Honda. Mercedes vehicles have strong safety ratings from NHTSA and IIHS. Models like the E-Class and GLE-Class earn top safety marks, contributing to the brand’s dependability reputation. Volvo is the safest car brand in the world because it has consistently proven itself in safety testing, been a leader in safety innovations for decades, focused on accident prevention through features and handling, and prioritized the safety of everyone on the road.