Daimler Truck (OTCMKTS:DTRUY) Raised to Strong-Buy at DZ Bank

Daimler Truck (OTCMKTS:DTRUY) was upgraded by investment analysts at DZ Bank from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

DTRUY has been the topic of several other reports. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Wednesday, February 11th. The Goldman Sachs Group reissued a “neutral” rating on shares of Daimler Truck in a research report on Wednesday, January 7th. Zacks Research raised shares of Daimler Truck from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. Morgan Stanley reaffirmed an “overweight” rating on shares of Daimler Truck in a research note on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a report on Thursday, February 19th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Daimler Truck Stock Performance

Shares of DTRUY stock opened at $24.12 on Monday. The business has a 50-day moving average of $24.64 and a 200 day moving average of $22.45. Daimler Truck has a 1-year low of $16.94 and a 1-year 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.