Deutsche Post (DPSGY) Cut to “Sell” at Zacks Investment Research
Deutsche Post (OTCMKTS:DPSGY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.
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. “
DPSGY has been the topic of several other reports. Jefferies Group upgraded Deutsche Post from a “hold” rating to a “buy” rating in a research report on Tuesday, August 15th. DZ Bank reiterated a “buy” rating on shares of Deutsche Post in a research report on Friday, November 10th. Finally, Berenberg Bank assumed coverage on Deutsche Post in a research report on Tuesday, October 31st. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy”.
Deutsche Post 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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