Deutsche Post (DPSGY) Downgraded by Zacks Investment Research
Deutsche Post (OTCMKTS:DPSGY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued 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 research reports. DZ Bank restated a “neutral” rating on shares of Deutsche Post in a report on Thursday, December 21st. Morgan Stanley restated a “buy” rating on shares of Deutsche Post in a report on Tuesday, December 19th. ValuEngine upgraded shares of Deutsche Post from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Berenberg Bank assumed coverage on shares of Deutsche Post in a report on Tuesday, October 31st. They set a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $55.00.
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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