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

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

Several analysts have recently issued reports on the stock. DZ Bank upgraded shares of Daimler Truck from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 16th. Morgan Stanley reissued an “overweight” rating on shares of Daimler Truck in a research report on Tuesday, January 13th. The Goldman Sachs Group restated 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 report on Thursday, February 19th. Finally, Zacks Research raised shares of Daimler Truck from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 25th.

Daimler Truck Trading Up 4.3%

Shares of Daimler Truck stock opened at $24.28 on Friday. The stock has a fifty day simple moving average of $24.66 and a 200 day simple moving average of $22.55. 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.