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United Parcel Service (NYSE:UPS)‘s stock had its “buy” rating restated by equities research analysts at Argus in a research note issued to investors on Tuesday. They currently have a $115.00 target price on the stock. Argus’ price objective would suggest a potential upside of 12.02% from the company’s current price.

Shares of United Parcel Service (NYSE:UPS) opened at 102.66 on Tuesday. United Parcel Service has a 52-week low of $85.18 and a 52-week high of $105.37. The stock has a 50-day moving average of $102. and a 200-day moving average of $99.38. The company has a market cap of $93.975 billion and a price-to-earnings ratio of 22.76.

United Parcel Service (NYSE:UPS) last released its earnings data on Thursday, April 24th. The company reported $0.98 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.08 by $0.10. The company had revenue of $13.78 billion for the quarter, compared to the consensus estimate of $13.91 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. On average, analysts predict that United Parcel Service will post $5.09 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of United Parcel Service in a research note on Monday. They now have a $112.00 price target on the stock, up previously from $105.00. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of United Parcel Service in a research note on Monday, June 16th. They now have a $114.00 price target on the stock, up previously from $111.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of United Parcel Service in a research note on Thursday, June 5th. They now have a $108.00 price target on the stock. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $108.60.

United Parcel Service, Inc (NYSE:UPS) is a package delivery company.

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