Commerzbank Corporates & Markets Downgrades Deutsche Post AG to Hold (DPW)
Deutsche Post AG (FRA:DPW) was downgraded by investment analysts at Commerzbank Corporates & Markets from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday, Stock Ratings News reports. They currently have a €24.00 ($33.33) price objective on the stock, down from their previous price objective of €25.00 ($34.72).
Deutsche Post AG (FRA:DPW) traded down 0.80% on Tuesday, hitting €24.736. 20,367 shares of the company’s stock traded hands. Deutsche Post AG has a 52 week low of €14.40 and a 52 week high of €25.184. The stock has a 50-day moving average of €24.21 and a 200-day moving average of €21.20.
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