BUY: Based on historic P/E valuation, we calculate a target price of EUR 105 for YE16. This implies a 33% upside from the current share price of EUR 78.73. Daimler shares are in a positive short- and medium-term upside momentum. (See pp.15-16.)
102315 CGI Daimler 3Q15A results and FY15E-17E preview (1)