The year 2024 proved to be turbulent for Mercedes-Benz shares, with a significant difference from the 52-week high of EUR 77.45 to the current EUR 54.10. The German automotive industry is facing multiple challenges: delayed development of alternative drives and missed trends in the area of autonomous driving have led to loss of market share in the USA and China. This is reflected in the latest quarterly figures, which show a decline in sales of 7.18 percent to 34.53 billion euros.
Positive signals for investors
Despite the current weak phase, there are also encouraging developments. BlackRock recently increased its stake in the Stuttgart car manufacturer to over 5 percent – a signal of trust from institutional investors. Analysts see medium-term potential: the average price target is EUR 69.05, which corresponds to significant upside potential. The dividend of EUR 4.38 per share forecast for 2024 could also be of interest to investors.
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Mercedes-Benz shares: buy or sell?! New Mercedes-Benz analysis from December 19th provides the answer:
The latest Mercedes-Benz figures speak for themselves: there is an urgent need for action for Mercedes-Benz shareholders. Is it worth getting started or should you sell? In the current free analysis from December 19th you will find out what to do now.
Mercedes-Benz: buy or sell? Read more here…
