Deutsche Post AG (DPSGY) Downgraded to Sell at Zacks Investment Research
Deutsche Post AG (OTCMKTS:DPSGY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Monday.
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 several other research reports. Citigroup Inc. reissued a “buy” rating on shares of Deutsche Post AG in a research note on Monday, October 10th. DZ Bank AG reissued a “buy” rating on shares of Deutsche Post AG in a research note on Monday, October 10th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $35.00.
Shares of Deutsche Post AG (OTCMKTS:DPSGY) traded up 0.81% during trading on Monday, reaching $31.03. 28,475 shares of the company were exchanged. The firm has a 50-day moving average price of $0.00 and a 200-day moving average price of $0.00. Deutsche Post AG has a 1-year low of $22.20 and a 1-year high of $32.80.
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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