Daimler Truck (OTCMKTS:DTRUY) Upgraded at Zacks Research

Zacks Research upgraded shares of Daimler Truck (OTCMKTS:DTRUY) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday,Zacks.com reports.

DTRUY has been the subject of several other reports. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Daimler Truck in a report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Thursday, February 19th. Citigroup reissued a “buy” rating on shares of Daimler Truck in a research note on Wednesday, February 11th. Finally, Morgan Stanley restated an “overweight” rating on shares of Daimler Truck in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Daimler Truck Trading Up 1.2%

DTRUY stock opened at $25.50 on Wednesday. The firm has a 50 day moving average of $24.13 and a 200-day moving average of $22.44. Daimler Truck has a 12-month low of $16.94 and a 12-month high of $26.45.

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.