Daimler Truck (OTCMKTS:DTRUY) Upgraded to “Hold” at Zacks Research

Daimler Truck (OTCMKTS:DTRUY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Several other equities analysts have also recently issued reports on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Daimler Truck in a research note on Wednesday, January 7th. Morgan Stanley restated an “overweight” rating on shares of Daimler Truck in a report on Tuesday, January 13th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Daimler Truck Price Performance

Daimler Truck stock opened at $25.00 on Tuesday. The company’s 50-day moving average price is $22.46 and its two-hundred day moving average price is $22.23. Daimler Truck has a 52 week low of $16.94 and a 52 week high of $26.40.

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.