Is Mercedes-Benz stock a good buy?
The highest analyst price target is $108. The average price target represents 17. Increase from the current price of $58. What do analysts say about Mercedes-Benz Group? Mercedes-Benz Group’s analyst rating consensus is a Hold. The highest price target for PAY is C$4. PAY is C$4. The average price target represents a forecasted upside of 3. C$3.The average one-year price target for Planet 13 Holdings Inc is $1. The forecasts range from a low of $1. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.
Is Mercedes-Benz a good long-term investment?
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. Comparative Sales Figures: Audi vs. Mercedes. The sales battleground has Audi trailing behind Mercedes, showcasing the latter’s robust demand. In 2023, Mercedes-Benz took the lead with 2,043,800 units sold, while Audi registered 1,895,240 cars sold globally.BMW finishes ahead of Mercedes-Benz, Lexus and Audi in the battle for the 2023 luxury crown in the United States. In a recent report, it was revealed that the Munich-based company achieved an impressive sales record by selling 362,244 units of its core brand in the U. S.The brand failed to match 2023’s sales in multiple markets including in Europe (down 3% to 641,800 units) and Asia (down 7% to 892,100 units). In its home market of Germany, Mercedes sold a total of 213,500 cars, representing a slide of 9% on the previous year. Meanwhile, in China, sales dropped 7% to 683,600 units.
Why is Mercedes-Benz stock so low?
Summary. Mercedes-Benz faces challenges with declining premium car demand and competition, particularly in China, but remains a premium brand with strong fundamentals and potential for recovery. China is Mercedes-Benz Cars’ largest market in terms of unit sales, surpassing Europe, which was the brand’s leading regional market in 2020.China is Mercedes-Benz Cars’ largest market in terms of unit sales, surpassing Europe, which was the brand’s leading regional market in 2020. In 2023, China accounted for over a third of all new car sales, when some 737,200 Mercedes-Benz cars were sold.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.Mercedes-Benz Group’s top competitors include Porsche, Marshall Motor Group, and Volvo Cars. Porsche (P911. DE) manufactures luxury and sports automotive vehicles.
Can I buy Mercedes shares?
Yes, it is possible to buy one share of Mercedes-Benz Group AG stock. Mercedes-Benz Group Dividends and Buybacks Mercedes-Benz Group is a dividend paying company with a current yield of 8.Mercedes-Benz Group AG Dividend Information Mercedes-Benz Group AG has an annual dividend of $1. The dividend is paid once per year and the last ex-dividend date was May 9, 2024.How much is Mercedes-Benz Group’s dividend? MBGAF pays a dividend of $5. MBGAF’s annual dividend yield is 8.MBGAF pays a dividend of $5. MBGAF’s annual dividend yield is 10. When is Mercedes-Benz Group ex-dividend date? Mercedes-Benz Group’s previous ex-dividend date was on May 09, 2024.