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

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

DTRUY has been the subject of several recent analyst reports. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Wednesday, July 1st. Kepler Capital Markets cut shares of Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 16th. Barclays raised shares of Daimler Truck from a “hold” rating to an “overweight” rating in a report on Tuesday, July 7th. DZ Bank upgraded shares of Daimler Truck from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 16th. Finally, Zacks Research lowered shares of Daimler Truck from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th.

Daimler Truck Trading Down 0.6%

Shares of DTRUY opened at $23.85 on Tuesday. Daimler Truck has a twelve month low of $19.43 and a twelve month high of $26.45. The business’s 50-day moving average price is $24.00 and its 200-day moving average price is $24.28.

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.