Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Given Consensus Rating of “Moderate Buy” by Brokerages

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

A number of analysts have recently commented on the company. Zacks Research downgraded Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 13th. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Wednesday, August 12th. Kepler Capital Markets raised Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. Barclays upgraded shares of Daimler Truck from a “hold” rating to an “overweight” rating in a research report on Tuesday, July 7th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Daimler Truck in a research report on Thursday, August 13th.

Daimler Truck Trading Up 1.3%

OTCMKTS DTRUY opened at $27.34 on Wednesday. Daimler Truck has a 12 month low of $19.43 and a 12 month high of $28.73. The company’s 50 day simple moving average is $25.51 and its 200 day simple moving average is $24.91.

Daimler Truck (OTCMKTS:DTRUY) last released its earnings results on Friday, August 7th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39). The business had revenue of $14.20 billion during the quarter, compared to analysts’ expectations of $14.29 billion. As a group, analysts predict that Daimler Truck will post 1.97 EPS for the current fiscal 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.