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

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

Several research firms have recently commented on DTRUY. Zacks Research downgraded shares of Daimler Truck from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, July 1st. DZ Bank upgraded Daimler Truck from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 16th. Finally, Kepler Capital Markets cut Daimler Truck from a “hold” rating to a “strong sell” rating in a report on Thursday, April 16th.

Daimler Truck Stock Performance

Shares of OTCMKTS:DTRUY traded up $0.32 during trading on Tuesday, hitting $25.47. 34,974 shares of the company’s stock were exchanged, compared to its average volume of 72,550. The business’s 50-day simple moving average is $24.10 and its 200 day simple moving average is $24.20. Daimler Truck has a 52-week low of $19.43 and a 52-week 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.