Forecast Of The Day: Average Price of Mercedes Benz Cars & Vans

Dan Smith

MBGAF: Logo of the Mercedes-Benz Group
MBGAF Mercedes-Benz Group

what? The average price of Mercedes-Benz (OTCMKTS:MBGAF) cars and vans rose from about $40,000 in 2019 to $56,000 in 2021. Trefis expects this metric to reach around $60,000 by 2023. why? Mercedes is prioritizing sales of luxury cars and trim as demand outstrips supply amid shortages of parts and semiconductors. so what? Despite the strong price gains, we remain neutral on MBGAF shares with a price quote of $63 given growing economic headwinds. Check out the full Mercedes-Benz analysis What if you're looking for a more balanced portfolio instead? high quality portfolio When Multi-strategy portfolio It has consistently outperformed the market since the end of 2016.
Return value December 2022
MTD [1]
YTD [1]
total [2]
MBGAF Return 0% -Five% twenty two%
S&P 500 Returns -6% -19% 72%
Trefis Multi-Strategy Portfolio -Five% -twenty two% 215%
[1] Month-to-date and Year-to-date as of 30 December 2022
[2] Cumulative total return since the end of 2016

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