Daimler Truck Holding AG - Sponsored ADR (OTCMKTS:DTRUY) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Consensus "Moderate Buy": Eight analysts covering Daimler Truck (OTCMKTS:DTRUY) give a consensus rating of "Moderate Buy" — breakdown: 1 sell, 1 hold, 4 buy and 2 strong buy.
• Notable analyst moves include Zacks upgrading the stock to strong-buy, Morgan Stanley reiterating an overweight rating, while Citigroup and Deutsche Bank reaffirmed buys and Goldman Sachs stayed neutral.
• DTRUY opened at $23.52 and was down about 1.0%; the 12‑month range is $16.94–$26.45 with a 50‑day moving average of $24.65 and a 200‑day moving average of $22.52.

Shares of Daimler Truck Holding AG - Sponsored ADR (OTCMKTS:DTRUY - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the eight research firms 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 issued a buy rating and two have given a strong buy rating to the company.

DTRUY has been the subject of a number of analyst reports. Zacks Research upgraded shares of Daimler Truck from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 25th. Morgan Stanley restated an "overweight" rating on shares of Daimler Truck in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Daimler Truck in a research report on Thursday, February 19th. The Goldman Sachs Group reissued a "neutral" rating on shares of Daimler Truck in a research report on Wednesday, January 7th. Finally, Citigroup reaffirmed a "buy" rating on shares of Daimler Truck in a report on Wednesday, February 11th.

Daimler Truck Stock Down 1.0%

Shares of OTCMKTS DTRUY opened at $23.52 on Friday. Daimler Truck has a 12-month low of $16.94 and a 12-month high of $26.45. The firm's 50-day moving average is $24.65 and its two-hundred day moving average is $22.52.

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.

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