Daimler Truck (OTCMKTS:DTRUY) Downgraded by Zacks Research to “Strong Sell”

Zacks Research lowered shares of Daimler Truck (OTCMKTS:DTRUYFree Report) from a hold rating to a strong sell rating in a report published on Thursday morning,Zacks.com reports.

A number of other research analysts have also weighed in on DTRUY. Kepler Capital Markets raised shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Daimler Truck in a research report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research report on Thursday, July 23rd. Barclays upgraded Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th. Finally, Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on Daimler Truck

Daimler Truck Price Performance

OTCMKTS:DTRUY opened at $26.07 on Thursday. The company’s 50 day moving average is $25.16 and its 200-day moving average is $24.83. Daimler Truck has a 12 month low of $19.43 and a 12 month high of $28.73.

Daimler Truck (OTCMKTS:DTRUYGet Free Report) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.39). The company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.29 billion. Sell-side analysts forecast that Daimler Truck will post 1.97 EPS for the current year.

Daimler Truck Company Profile

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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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