Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $55.05 and last traded at $55.35, with a volume of 52278 shares trading hands. The stock had previously closed at $56.15.
Wall Street Analyst Weigh In
Separately, UBS Group raised Mercedes-Benz Group to a “strong-buy” rating in a research note on Wednesday, September 4th.
Check Out Our Latest Stock Report on Mercedes-Benz Group
Mercedes-Benz Group Price 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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