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

Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) have earned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts have recently issued reports on DTRUY shares. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Wednesday, February 11th. Morgan Stanley reissued an “overweight” rating on shares of Daimler Truck in a research note on Tuesday, January 13th. The Goldman Sachs Group restated a “neutral” rating on shares of Daimler Truck in a research report on Wednesday, January 7th. DZ Bank raised shares of Daimler Truck from a “hold” rating to a “strong-buy” rating in a 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 Up 2.0%

DTRUY opened at $25.94 on Thursday. Daimler Truck has a one year low of $19.43 and a one year high of $26.45. The business’s fifty day moving average is $24.72 and its two-hundred day moving average is $23.03.

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.