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 received an average recommendation of “Moderate Buy” from the nine brokerages that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company.

DTRUY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Thursday, July 23rd. Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st. Citigroup restated a “buy” rating on shares of Daimler Truck in a research report on Wednesday, July 1st. Zacks Research cut Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, Barclays upgraded Daimler Truck from a “hold” rating to an “overweight” rating in a report on Tuesday, July 7th.

Daimler Truck Stock Performance

Daimler Truck stock opened at $28.30 on Friday. Daimler Truck has a 1 year low of $19.43 and a 1 year high of $28.36. The company’s 50-day moving average is $24.58 and its two-hundred day moving average is $24.61.

About Daimler Truck

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.