DSV (DSDVY) Rating Increased to Buy at Zacks Investment Research

DSV (OTCMKTS:DSDVY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday. The brokerage currently has a $44.00 price target on the stock. Zacks Investment Research‘s target price would suggest a potential upside of 15.64% from the company’s previous close.

According to Zacks, “DSV A/S provides transport and logistics services. It offers truck, ship and plane transport services as well as warehousing and logistic services. The company also provides shipment booking, pick-up, custom clearance, cargo consolidation, document and insurance services as well as warehousing, picking/packaging, distribution, supply chain management and order planning services. It operates primarily in Europe, the Middle East, Africa, North and South America, Asia, Australia and the Pacific. DSV A/S is headquartered in Hedehusene, Denmark. “

Shares of DSV (OTCMKTS:DSDVY) traded down $1.59 on Thursday, reaching $38.05. 28,278 shares of the company were exchanged, compared to its average volume of 30,788. The company has a current ratio of 1.24, a quick ratio of 1.10 and a debt-to-equity ratio of 0.50. DSV has a 1-year low of $24.19 and a 1-year high of $41.61.

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About DSV

DSV A/S provides transport and logistics services in Europe, the Middle East, Africa, North America and South America, Asia, Australia, and the Pacific. It operates in three divisions: DSV Air & Sea, DSV Road, and DSV Solutions. The company offers air and sea freight services, and standard and industry-specific logistics solutions.

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