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

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) has earned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages have issued reports on DTRUY. Kepler Capital Markets lowered shares of Daimler Truck from a “hold” rating to a “strong sell” rating in a report on Thursday, April 16th. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a report on Friday, May 8th. DZ Bank upgraded shares of Daimler Truck from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research note on Thursday, February 19th. Finally, Zacks Research cut shares of Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th.

Daimler Truck Stock Performance

DTRUY opened at $24.01 on Friday. The stock’s 50 day simple moving average is $24.56 and its 200-day simple moving average is $23.91. Daimler Truck has a 1 year low of $19.43 and a 1 year 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.