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

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

Several equities research analysts recently commented on the stock. Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research report on Wednesday, August 12th. Zacks Research downgraded shares of Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a report on Thursday, July 23rd. Finally, Barclays raised Daimler Truck from a “hold” rating to an “overweight” rating in a research report on Tuesday, July 7th.

Daimler Truck Stock Performance

OTCMKTS DTRUY opened at $27.34 on Wednesday. Daimler Truck has a 1 year low of $19.43 and a 1 year high of $28.73. The stock’s 50-day moving average price is $25.51 and its two-hundred day moving average price is $24.91.

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

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.