Daimler Truck (OTCMKTS:DTRUY) Rating Increased to Strong-Buy at DZ Bank

DZ Bank upgraded shares of Daimler Truck (OTCMKTS:DTRUY) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

Several other analysts have also recently commented on DTRUY. The Goldman Sachs Group reiterated a “neutral” rating on shares of Daimler Truck in a research note on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research note on Thursday, February 19th. Citigroup restated a “buy” rating on shares of Daimler Truck in a research report on Wednesday, February 11th. Zacks Research upgraded Daimler Truck from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 25th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Daimler Truck in a research note on Tuesday, January 13th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Daimler Truck Trading Up 0.6%

OTCMKTS:DTRUY opened at $24.52 on Monday. The stock has a 50-day moving average price of $24.63 and a 200 day moving average price of $22.45. Daimler Truck has a 12-month low of $16.94 and a 12-month high of $26.45.

Daimler Truck Company Profile

Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.

In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.