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

Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company.

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

Daimler Truck Trading Down 2.1%

Daimler Truck stock opened at $23.40 on Wednesday. The stock has a 50-day moving average price of $24.34 and a two-hundred day moving average price of $22.42. Daimler Truck has a 12 month low of $16.94 and a 12 month 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.