United Parcel Service, Inc. (NYSE:UPS) has been given an average rating of “Hold” by the twenty-four brokerages that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $122.64.

Several equities analysts recently commented on UPS shares. JPMorgan Chase & Co. boosted their price target on United Parcel Service from $113.00 to $114.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Loop Capital upped their target price on United Parcel Service from $120.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, October 27th. Zacks Investment Research raised United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 target price on the stock in a research report on Friday, October 6th. Credit Suisse Group reaffirmed a “hold” rating and issued a $116.00 target price (up from $108.00) on shares of United Parcel Service in a research report on Thursday, October 12th. They noted that the move was a valuation call. Finally, Deutsche Bank raised United Parcel Service from a “hold” rating to a “buy” rating and upped their target price for the company from $125.00 to $135.00 in a research report on Monday, December 4th.

United Parcel Service (NYSE UPS) traded up $1.55 during trading on Monday, reaching $129.17. The company had a trading volume of 3,243,045 shares, compared to its average volume of 3,160,000. The firm has a market cap of $111,310.00, a price-to-earnings ratio of 31.74, a PEG ratio of 2.12 and a beta of 0.92. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33. United Parcel Service has a 12-month low of $102.12 and a 12-month high of $129.52.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, hitting the consensus estimate of $1.45. The firm had revenue of $15.98 billion for the quarter, compared to analyst estimates of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. United Parcel Service’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.44 EPS. sell-side analysts anticipate that United Parcel Service will post 6 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of United Parcel Service by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock valued at $5,352,884,000 after acquiring an additional 1,262,293 shares in the last quarter. FMR LLC raised its position in shares of United Parcel Service by 0.5% during the 2nd quarter. FMR LLC now owns 14,357,475 shares of the transportation company’s stock valued at $1,587,793,000 after acquiring an additional 71,666 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of United Parcel Service by 48.1% during the 2nd quarter. Lazard Asset Management LLC now owns 6,428,560 shares of the transportation company’s stock valued at $710,933,000 after acquiring an additional 2,087,477 shares in the last quarter. Franklin Resources Inc. raised its position in shares of United Parcel Service by 10.6% during the 2nd quarter. Franklin Resources Inc. now owns 5,635,190 shares of the transportation company’s stock valued at $623,198,000 after acquiring an additional 539,620 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of United Parcel Service by 3.0% during the 3rd quarter. Legal & General Group Plc now owns 4,016,959 shares of the transportation company’s stock valued at $482,280,000 after acquiring an additional 118,403 shares in the last quarter. 53.49% of the stock is currently owned by institutional investors and hedge funds.

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United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

Analyst Recommendations for United Parcel Service (NYSE:UPS)

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