Deutsche Post AG (DPSGY) Upgraded to Buy by Zacks Investment Research
Deutsche Post AG (OTCMKTS:DPSGY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Monday. The brokerage currently has a $41.00 price target on the transportation company’s stock. Zacks Investment Research‘s price target points to a potential upside of 10.36% from the stock’s previous close.
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. “
Several other equities research analysts have also issued reports on DPSGY. DZ Bank AG restated a “buy” rating on shares of Deutsche Post AG in a report on Tuesday, June 20th. Deutsche Bank AG restated a “buy” rating on shares of Deutsche Post AG in a report on Thursday, June 15th. ValuEngine upgraded shares of Deutsche Post AG from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. JPMorgan Chase & Co. restated a “neutral” rating on shares of Deutsche Post AG in a report on Tuesday, March 14th. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Deutsche Post AG in a report on Monday, March 27th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $41.00.
Shares of Deutsche Post AG (DPSGY) traded up 2.14% during mid-day trading on Monday, reaching $37.15. The company’s stock had a trading volume of 33,997 shares. Deutsche Post AG has a 12 month low of $25.88 and a 12 month high of $37.40. The company’s 50-day moving average is $35.92 and its 200 day moving average is $34.12. The firm has a market cap of $45.09 billion, a price-to-earnings ratio of 15.74 and a beta of 1.41.
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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.
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