DHL Group (OTCMKTS:DHLGY) Rating Increased to Strong-Buy at Barclays

DHL Group (OTCMKTS:DHLGY) was upgraded by equities researchers at Barclays from a “hold” rating to a “strong-buy” rating in a report issued on Friday,Zacks.com reports.

Several other equities analysts have also weighed in on DHLGY. Zacks Research raised DHL Group from a “strong sell” rating to a “hold” rating in a research note on Friday, November 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of DHL Group in a research note on Thursday, December 4th. Citigroup reissued a “buy” rating on shares of DHL Group in a research note on Friday, November 21st. Sanford C. Bernstein cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, UBS Group raised shares of DHL Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, DHL Group presently has an average rating of “Moderate Buy”.

DHL Group Price Performance

Shares of DHLGY stock opened at $53.59 on Friday. The firm’s 50 day moving average price is $56.65 and its two-hundred day moving average price is $51.17. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.87 and a current ratio of 0.92. DHL Group has a 52-week low of $35.59 and a 52-week high of $61.18. The stock has a market cap of $57.98 billion, a PE ratio of 15.44, a PEG ratio of 1.78 and a beta of 1.21.

DHL Group (OTCMKTS:DHLGY) last posted its quarterly earnings results on Thursday, March 5th. The company reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.10). DHL Group had a net margin of 4.24% and a return on equity of 15.88%. The company had revenue of $25.72 billion during the quarter, compared to analyst estimates of $22.51 billion. As a group, analysts forecast that DHL Group will post 3.01 EPS for the current year.

About DHL Group

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.