Deutsche Post (FRA:DPW) has been assigned a €40.00 ($47.62) target price by analysts at J P Morgan Chase & Co in a report issued on Wednesday. The brokerage currently has a “neutral” rating on the stock. J P Morgan Chase & Co’s price target indicates a potential downside of 1.70% from the company’s previous close.
A number of other brokerages have also issued reports on DPW. Commerzbank set a €41.00 ($48.81) price target on Deutsche Post and gave the stock a “buy” rating in a research note on Thursday, November 9th. UBS set a €38.50 ($45.83) price target on Deutsche Post and gave the stock a “neutral” rating in a research note on Friday, November 3rd. set a €41.00 ($48.81) price target on Deutsche Post and gave the stock a “buy” rating in a research note on Monday, October 2nd. Berenberg Bank set a €45.00 ($53.57) price target on Deutsche Post and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Finally, Baader Bank set a €36.00 ($42.86) price objective on Deutsche Post and gave the company a “buy” rating in a research report on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of €41.27 ($49.13).
Deutsche Post (FRA DPW) traded down €0.12 ($0.14) during trading hours on Wednesday, hitting €40.69 ($48.44). The stock had a trading volume of 2,450,923 shares. Deutsche Post has a 52-week low of €30.52 ($36.33) and a 52-week high of €41.16 ($49.00).
About Deutsche Post
Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, and the Middle East and Africa. It operates through four divisions: Post-eCommerce-Parcel (PeP); Express; Supply Chain; and Global Forwarding, Freight. The PeP division offers dialogue marketing, press distribution, and electronic services associated with mail delivery, as well as parcel and e-commerce services.
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