Mercedes stock falls as Berenberg cuts price target to 52 EUR

Published on 09/16/2026 at 14:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berenberg lowered its price target for Mercedes stock from 56 EUR to 52 EUR on September 16, 2026, while keeping a Hold rating. The shares recently traded around EUR 45 on Xetra, several percent below their last closing level of EUR 46.56.

Schwarze markenfreie Luxuslimousine fährt bei Sonnenuntergang auf Küstenstraße mit Meeresblick — Schwarze Premium-Limousine auf kurvenreicher Küstenstraße bei Sonnenuntergang. Mercedes-Benz Group AG, ISIN DE0007100000, Illustration mit AI erstellt.

Mercedes-Benz Group AG stock (ISIN DE0007100000) was under pressure on September 16, 2026, after a fresh analyst update left investors with a lower valuation signal, with the shares indicated around EUR 45 on Xetra compared with a prior close at EUR 46.56 as of September 15, 2026.

Analyst move puts Mercedes stock under pressure

According to MarketScreener on September 16, 2026, private bank Berenberg cut its price target for Mercedes-Benz from EUR 56 to EUR 52 and maintained its Hold rating, signaling only limited upside from current levels.

The reduction from EUR 56 to EUR 52 represents a cut of EUR 4 per share, or about 7.1 percent, and illustrates that Berenberg now sees less scope for revaluation compared with its earlier study, while continuing to prefer peers such as Volkswagen and BMW in the European auto sector, as summarized in the same sector commentary by MarketScreener.

Recent price performance and intraday indications

A price overview compiled by Borse Social on September 16, 2026, shows that Mercedes-Benz Group shares last closed at EUR 46.56 on Xetra, reflecting a daily decline of 0.20 percent from the previous session.

The same radar entry from Borse Social indicates an intraday bid and ask around EUR 45.41 and EUR 45.43 at 11:53 on September 16, 2026, corresponding to a decline of 2.46 percent versus the last close of EUR 46.56, which places the stock clearly below that prior closing level.

Sector context and short-term chart levels

As Teleborsa reported on September 16, 2026, Mercedes-Benz shares in Frankfurt were down about 2.34 percent in the session, underperforming the DAX index and reflecting a weaker short-term trend compared with the broader German market.

The same analysis by Teleborsa highlighted that Mercedes-Benz remains in an upward medium-term trend but faces short-term resistance around EUR 46.43, with immediate support near EUR 44.88 and a potential downside scenario toward approximately EUR 44.29 if selling pressure persists.

Closing price and investor perspective

Measured against the Xetra closing price of EUR 46.56 as of September 15, 2026 and the intraday indication around EUR 45.41 on September 16, 2026, Mercedes-Benz Group stock is trading roughly EUR 1.15 lower, a decline of about 2.5 percent, leaving the shares some distance below the short-term resistance area near EUR 46.43 identified in the Teleborsa technical review.