Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $55.60 and last traded at $56.36, with a volume of 170808 shares trading hands. The stock had previously closed at $61.21.
Analysts Set New Price Targets
Separately, UBS Group upgraded Mercedes-Benz Group to a “strong-buy” rating in a report on Wednesday, September 4th.
Get Our Latest Research Report on MBGAF
Mercedes-Benz Group Stock Performance
About Mercedes-Benz Group
Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.
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