Daimler Truck (OTCMKTS:DTRUY) Upgraded to “Strong-Buy” at Zacks Research

Daimler Truck (OTCMKTS:DTRUY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Several other research firms have also weighed in on DTRUY. The Goldman Sachs Group reiterated a “neutral” rating on shares of Daimler Truck in a research note on Wednesday, January 7th. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research report on Wednesday, February 11th. Morgan Stanley reissued an “overweight” rating on shares of Daimler Truck in a report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Daimler Truck currently has a consensus rating of “Moderate Buy”.

Daimler Truck Price Performance

Shares of OTCMKTS:DTRUY opened at $25.21 on Wednesday. The company’s fifty day moving average is $24.06 and its two-hundred day moving average is $22.43. 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.