Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY – Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $26.7450 and last traded at $26.69, with a volume of 1092 shares. The stock had previously closed at $26.09.
Analysts Set New Price Targets
Several analysts recently weighed in on the stock. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a report on Wednesday, July 1st. Kepler Capital Markets raised shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st. Zacks Research lowered shares of Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Barclays upgraded shares of Daimler Truck from a “hold” rating to an “overweight” rating in a research report on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on DTRUY
Daimler Truck Stock Up 1.2%
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.
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