Stock of the week: “Mercedes-Benz Group AG”
The Mercedes-Benz AG Group produces and distributes cars, trucks and vans that continue to fascinate motorists. Its stock is being watched by many investors at the moment.
Indeed, the group is currently enjoying a favourable rating, especially due to the decline in Tesla shares.
The automotive sector's mood seems to fluctuate somewhat, especially due to the upcoming introduction of the Euro 7 standard, which seems too expensive.
Beyond the various positive stock estimates we can read from banking analysts, Mercedes Group is an icon of German automotive engineering that appears to be taking the lead in a changing market.
The group’s financial social media sentiment tends to be “positive” in both absolute and relative terms, on its own and when compared to the social media sentiment of the sector and stock index.
Analyst consensus is to "buy" the stock - out of the 23 bank analysts covering the company, 29 recommend buying the stock and 4 suggest holding it. The median upside potential of the stock price expected by these analysts over the next 6-12 months is currently 18.85% (reference close of business 13/02/2023).
Attention buzz is currently “neutral”.
Sources:
https://www.nasdaq.com/articles/is-mercedes-benz-group-ag-mbgaf-stock-undervalued-right-now-0
https://www.finanztrends.de/mercedes-benz-aktie-starkes-kursziel/
