DHL Group (OTCMKTS:DHLGY) Downgraded to Hold Rating by Sanford C. Bernstein

Sanford C. Bernstein lowered shares of DHL Group (OTCMKTS:DHLGY) from a strong-buy rating to a hold rating in a report issued on Friday,Zacks.com reports.

A number of other analysts have also recently issued reports on the company. Kepler Capital Markets cut DHL Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 22nd. Citigroup reiterated a “buy” rating on shares of DHL Group in a research note on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft downgraded shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Friday, September 19th. Finally, Zacks Research cut shares of DHL Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

DHL Group Trading Up 0.6%

Shares of OTCMKTS DHLGY traded up $0.28 during trading on Friday, hitting $50.16. 89,616 shares of the company traded hands, compared to its average volume of 161,573. The firm has a market capitalization of $60.19 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.96 and a beta of 1.21. The company has a quick ratio of 0.90, a current ratio of 0.95 and a debt-to-equity ratio of 0.95. The company has a 50-day moving average price of $45.47 and a 200-day moving average price of $45.45. DHL Group has a 1 year low of $33.89 and a 1 year high of $50.18.

DHL Group (OTCMKTS:DHLGY) last issued its earnings results on Thursday, November 6th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. DHL Group had a return on equity of 14.92% and a net margin of 4.11%.The firm had revenue of $23.10 billion for the quarter, compared to analysts’ expectations of $20.19 billion. On average, equities analysts predict that DHL Group will post 3.01 EPS for the current year.

DHL Group Company Profile

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.