Traton SE (OTCMKTS:TRATF) Receives Average Recommendation of “Hold” from Brokerages

Shares of Traton SE (OTCMKTS:TRATFGet Rating) have been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $28.75.

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Traton from €30.00 ($32.26) to €24.50 ($26.34) and set a “neutral” rating for the company in a research note on Thursday, April 7th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Traton from €35.00 ($37.63) to €33.00 ($35.48) in a research note on Tuesday, April 5th. Stifel Nicolaus lowered shares of Traton from a “buy” rating to a “hold” rating in a research note on Monday, April 4th. Citigroup lowered shares of Traton from a “buy” rating to a “neutral” rating in a research note on Friday, April 1st. Finally, Jefferies Financial Group lowered shares of Traton from a “buy” rating to a “hold” rating in a research note on Tuesday, April 5th.

Traton stock opened at $16.97 on Friday. Traton has a 52-week low of $16.22 and a 52-week high of $34.00. The firm has a 50 day moving average price of $18.61 and a two-hundred day moving average price of $22.88.

Traton Company Profile (Get Rating)

Traton SE manufactures commercial vehicles worldwide. It operates in Industrial Business and Financial Services segments. The company offers light and heavy-duty commercial vehicles, such as trucks and bus chassis; vans; construction vehicles; city buses; and intercity and travel coaches, as well as spare parts and services.

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Analyst Recommendations for Traton (OTCMKTS:TRATF)

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