Daimler Truck (OTCMKTS:DTRUY) Stock Rating Upgraded by Zacks Research

Daimler Truck (OTCMKTS:DTRUY) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other research firms have also recently weighed in on DTRUY. The Goldman Sachs Group restated a “neutral” rating on shares of Daimler Truck in a research note on Wednesday, January 7th. Morgan Stanley reiterated an “overweight” rating on shares of Daimler Truck in a research report on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Daimler Truck Trading Down 1.6%

Shares of OTCMKTS:DTRUY traded down $0.39 during mid-day trading on Tuesday, reaching $24.61. 1,226 shares of the company traded hands, compared to its average volume of 90,101. The company’s 50 day moving average price is $22.46 and its 200-day moving average price is $22.23. Daimler Truck has a 52 week low of $16.94 and a 52 week high of $26.40.

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.