Daimler Truck (OTCMKTS:DTRUY) Price Target Raised to €53.00 at Royal Bank of Canada

Daimler Truck (OTCMKTS:DTRUY – Get Rating) had its price target raised by Royal Bank of Canada from €50.00 ($52.08) to €53.00 ($55.21) in a research note issued on Thursday, The Fly reports.

Several other analysts have also recently issued reports on DTRUY. Deutsche Bank Aktiengesellschaft upped their target price on Daimler Truck from €45.00 ($46.88) to €50.00 ($52.08) and gave the company a “buy” rating in a report on Friday, March 25th. Societe Generale started coverage on Daimler Truck in a report on Wednesday, January 19th. They issued a “buy” rating for the company. HSBC started coverage on Daimler Truck in a report on Monday, January 24th. They set a “buy” rating for the company. Finally, Morgan Stanley started coverage on Daimler Truck in a report on Friday, January 28th. They set an “overweight” rating for the company. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $48.33.

OTCMKTS:DTRUY traded down $0.10 during trading hours on Thursday, hitting $15.18. The company had a trading volume of 16,135 shares, compared to its average volume of 83,140. The business’s 50-day moving average price is $13.64. Daimler Truck has a 1 year low of $11.86 and a 1 year high of $20.22.

About Daimler Truck (Get Rating)

Daimler Truck Holding AG manufactures and sells commercial trucks. The company was founded in 2021 and is based in Stuttgart, Germany.

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