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up 42.91 %

DAIMLERCHRYSLER AG ORIDINARY S (DDAIF) upgraded to Overweight by HSBC Securities

Posted on: Monday,  Feb 4, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight DAIMLERCHRYSLER AG ORIDINARY S (OTCBB: DDAIF) on 02/04/2013, when the stock price was $57.20.
Since then, DAIMLERCHRYSLER AG ORIDINARY S has gained 42.92% as of 08/27/2015's recent price of $81.75.
If you would have followed this HSBC Securities's recommendation on DDAIF, you would have gained 42.91% of your investment in 934 days.

Daimler AG is engaged in developing, manufacturing, distributing and selling a range of automotive products, mainly passenger cars, trucks, vans and buses. The Company also provides financial and other services relating to its automotive businesses. The Company operates in four business segments: Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, and Vans, Buses, Other. In Vans, Buses, Other segment, the Company reports the Mercedes-Benz Vans segment, the Daimler Buses business unit, and all other businesses and investments in businesses not allocated to one of the reportable business segments. The wholly owned subsidiaries of the Company are Daimler North America Corporation, DCFS USA, LLC and Mercedes-Benz do Brasil Ltda. The Company offer the automotive products and related financial services in Western Europe and in the North American Free Trade Area (NAFTA) region, which consists of the United States, Canada and Mexico.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -0.51 %
1 Month up  3.08 %
3 Months up  6.25 %
1 YTD up  41.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2010 8:25 AM Hold
9/11/2009 8:25 AM Sell
7/25/2008 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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