Daimler Truck (OTCMKTS:DTRUY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Daimler Truck (OTCMKTS:DTRUY) from a strong sell rating to a hold rating in a research report report published on Tuesday,Zacks.com reports.

DTRUY has been the topic of several other reports. Morgan Stanley reiterated an “overweight” rating on shares of Daimler Truck in a research report on Tuesday, January 13th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Daimler Truck in a report on Wednesday, January 7th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Daimler Truck Price Performance

Shares of DTRUY stock opened at $25.00 on Tuesday. Daimler Truck has a 12-month low of $16.94 and a 12-month high of $26.40. The business has a 50 day simple moving average of $22.46 and a 200 day simple moving average of $22.23.

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.