Deutsche Post AG Stock Rating Upgraded by HSBC (DPSGY)
Deutsche Post AG (NASDAQ:DPSGY) was upgraded by stock analysts at HSBC from an “underweight” rating to a “neutral” rating in a report issued on Wednesday, Analyst Ratings News reports.
Deutsche Post AG (NASDAQ:DPSGY) traded up 1.47% during mid-day trading on Wednesday, hitting $33.08. The stock had a trading volume of 19,114 shares. Deutsche Post AG has a 52-week low of $18.55 and a 52-week high of $33.46. The stock has a 50-day moving average of $31.72 and a 200-day moving average of $27.3. The company has a market cap of $39.994 billion and a P/E ratio of 17.40.
Separately, analysts at Stifel Nicolaus downgraded shares of Deutsche Post AG from a “buy” rating to a “hold” rating in a research note to investors on Friday, July 19th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $20.00.
Deutsche Post AG is a Germany-based holding company and logistics services provider. The Company operates four business divisions: Mail; Express; Global Forwarding, Freight, and Supply Chain.
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