Deutsche Post AG (DPSGY) Rating Increased to Buy at Zacks Investment Research
Deutsche Post AG (OTCMKTS:DPSGY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Wednesday. The brokerage currently has a $35.00 price objective on the stock. Zacks Investment Research’s price objective would suggest a potential upside of 14.14% 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. “
DPSGY has been the subject of a number of other reports. Morgan Stanley reiterated a “buy” rating on shares of Deutsche Post AG in a research note on Friday, June 17th. DZ Bank AG reiterated a “buy” rating on shares of Deutsche Post AG in a research note on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $35.00.
Shares of Deutsche Post AG (OTCMKTS:DPSGY) opened at 30.665 on Wednesday. The company has a market cap of $36.96 billion, a price-to-earnings ratio of 18.102 and a beta of 1.55. Deutsche Post AG has a 1-year low of $22.20 and a 1-year high of $32.80. The company’s 50-day moving average price is $31.42 and its 200 day moving average price is $29.58.
About Deutsche Post AG
Deutsche Post AG is a Germany-based logistics services provider. The Company operates four main business divisions: Mail; Express; Global Forwarding, Freight, and Supply Chain. The Mail business division comprises the transport and delivery of written communications and serves as an end-to-end service provider for the management of written communications.
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