Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Receives Average Rating of “Buy” from Brokerages

Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) have received a consensus rating of “Buy” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating on the company.

Several brokerages have weighed in on DTRUY. Zacks Research raised Daimler Truck from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 25th. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, February 11th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Daimler Truck in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a report on Thursday, February 19th. Finally, Morgan Stanley restated an “overweight” rating on shares of Daimler Truck in a report on Tuesday, January 13th.

Daimler Truck Price Performance

Shares of DTRUY stock opened at $24.60 on Friday. Daimler Truck has a fifty-two week low of $16.94 and a fifty-two week high of $26.45. The stock’s 50-day simple moving average is $24.66 and its 200-day simple moving average is $22.57.

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.