Daimler Truck Holding AG (DTG) Gets a Buy from Jefferies


Daimler Truck Holding AG (DTG) Gets a Buy from Jefferies

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According to TipRanks, Aspinall is a 4-star analyst with an average return of 11.6% and an 82.35% success rate. Aspinall covers the Industrials sector, focusing on stocks such as Daimler Truck Holding AG, Volvo AB, and DHL Group.

Currently, the analyst consensus on Daimler Truck Holding AG is a Moderate Buy with an average price target of €45.27, representing a 10.47% upside. In a report released on August 19, RBC Capital also maintained a Buy rating on the stock with a €44.00 price target.

Based on Daimler Truck Holding AG's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €11.67 billion and a net profit of €277 million. In comparison, last year the company earned a revenue of €13.33 billion and had a net profit of €742 million

Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DTG in relation to earlier this year.

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