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

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company.

DTRUY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a report on Thursday, July 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Daimler Truck in a research note on Thursday, August 13th. Zacks Research downgraded shares of Daimler Truck from a “hold” rating to a “strong sell” rating in a report on Thursday, August 13th. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, August 12th. Finally, Barclays upgraded Daimler Truck from a “hold” rating to an “overweight” rating in a research report on Tuesday, July 7th.

Daimler Truck Trading Down 1.5%

OTCMKTS:DTRUY opened at $26.71 on Wednesday. The stock has a 50-day moving average price of $25.84 and a 200 day moving average price of $24.95. Daimler Truck has a 12-month low of $19.43 and a 12-month high of $28.73.

Daimler Truck (OTCMKTS:DTRUY) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39). The company had revenue of $14.20 billion during the quarter, compared to the consensus estimate of $14.29 billion. On average, equities research analysts anticipate that Daimler Truck will post 1.97 earnings per share for the current year.

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.