In a report released today, Nicolai Kempf from Deutsche Bank maintained a Buy rating on Daimler Truck Holding AG, with a price target of €44.00. The company’s shares opened today at €35.06.
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According to TipRanks, Kempf is a 4-star analyst with an average return of 10.7% and a 63.70% success rate. Kempf covers the Industrials sector, focusing on stocks such as Daimler Truck Holding AG, SAF-HOLLAND SE, and Volvo AB.
In addition to Deutsche Bank , Daimler Truck Holding AG also received a Buy from RBC Capital’s Nicholas Housden in a report issued yesterday. However, on September 30, Bernstein maintained a Sell rating on Daimler Truck Holding AG (XETRA: DTG).
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 8 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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- Trump threatens new tariffs on drugs, kitchen cabinets, trucks: Morning Buzz
- Trump to impose 25% tariff on heavy truck imports starting October 1
- Daimler Truck price target lowered to EUR 41.90 from EUR 43.20 at Citi
- Truck companies turn away from California’s clean air rules, NYT says
- Daimler Truck price target lowered to EUR 44 from EUR 47 at RBC Capital
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