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

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

A number of other research analysts have also weighed in on DTRUY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a research note on Thursday, February 19th. Morgan Stanley reaffirmed an “overweight” rating on shares of Daimler Truck in a report on Tuesday, January 13th. Zacks Research upgraded Daimler Truck from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. The Goldman Sachs Group reissued a “neutral” rating on shares of Daimler Truck in a report on Wednesday, January 7th. Finally, Citigroup restated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Daimler Truck Trading Up 0.6%

Shares of OTCMKTS:DTRUY opened at $24.52 on Monday. The company has a 50-day moving average price of $24.63 and a two-hundred day moving average price of $22.45. Daimler Truck has a twelve month low of $16.94 and a twelve month 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.