Deutsche Post AG (DPSGY) Rating Lowered to Hold at Zacks Investment Research
Deutsche Post AG (OTCMKTS:DPSGY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday.
According to Zacks, “Deutsche Post AG provides logistics services primarily in Germany, Europe, America, Asia Pacific and Other regions. The company’s operating segment consists of Post-eCommerce-Parcel; Express; Global Forwarding, Freight and Supply Chain. The PeP division provides mail products, advertising mail, press products, import/export, philately and postbus services as well as eCommerce-parcel services. Express division offers courier and express services. Global Forwarding Freight division provides transports goods by rail, road, air and sea; full, part and less than truckload freight services and intermodal transport services. Supply Chain division provides supply chain logistics solutions which include warehousing, distribution, managed transport, value-added services and supply chain management and consulting services; business process outsourcing and marketing communications solutions. Deutsche Post AG is headquartered in Bonn, Germany. “
A number of other equities research analysts have also commented on the stock. Deutsche Bank AG reissued a “buy” rating on shares of Deutsche Post AG in a report on Thursday, June 15th. DZ Bank AG reissued a “buy” rating on shares of Deutsche Post AG in a report on Tuesday. ValuEngine raised shares of Deutsche Post AG from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Deutsche Post AG in a report on Monday, March 27th. Finally, J P Morgan Chase & Co reissued a “neutral” rating on shares of Deutsche Post AG in a report on Tuesday, March 14th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Deutsche Post AG presently has an average rating of “Buy” and a consensus target price of $41.00.
Deutsche Post AG (OTCMKTS:DPSGY) traded up 0.57% on Friday, reaching $36.37. 32,317 shares of the company’s stock were exchanged. The firm has a market capitalization of $43.89 billion, a price-to-earnings ratio of 15.42 and a beta of 1.41. The firm has a 50-day moving average of $35.92 and a 200-day moving average of $34.12. Deutsche Post AG has a 12 month low of $25.88 and a 12 month high of $37.31.
COPYRIGHT VIOLATION NOTICE: “Deutsche Post AG (DPSGY) Rating Lowered to Hold at Zacks Investment Research” was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/06/23/deutsche-post-ag-dpsgy-rating-lowered-to-hold-at-zacks-investment-research.html.
Deutsche Post AG Company Profile
Deutsche Post AG is a Germany-based provider of postal services. The Company operates through four segments: Post – eCommerce – Parcel, Express, Global Forwarding and Freight, and Supply Chain. The Post – eCommerce – Parcel segment handles both domestic and international mail and provides dialogue marketing, nationwide press distribution services and all electronic services associated with mail delivery.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Deutsche Post AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Post AG and related companies with MarketBeat.com's FREE daily email newsletter.