Daimler Truck (OTCMKTS:DTRUY) Cut to “Hold” at Zacks Research

Zacks Research downgraded shares of Daimler Truck (OTCMKTS:DTRUYFree Report) from a strong-buy rating to a hold rating in a research note released on Tuesday,Zacks.com reports.

Other analysts have also issued research reports about the stock. Citigroup restated a “buy” rating on shares of Daimler Truck in a research report on Wednesday, February 11th. DZ Bank upgraded shares of Daimler Truck from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 16th. The Goldman Sachs Group restated a “neutral” rating on shares of Daimler Truck in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a research report on Thursday, February 19th. Finally, Morgan Stanley restated an “overweight” rating on shares of Daimler Truck in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on DTRUY

Daimler Truck Stock Performance

DTRUY stock opened at $26.08 on Tuesday. The firm’s fifty day moving average is $24.73 and its 200 day moving average is $22.68. Daimler Truck has a one year low of $18.14 and a one year high of $26.45.

About Daimler Truck

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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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Analyst Recommendations for Daimler Truck (OTCMKTS:DTRUY)

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