DHL Group (OTCMKTS:DHLGY) Upgraded to Strong-Buy at Zacks Research

DHL Group (OTCMKTS:DHLGY) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other brokerages have also weighed in on DHLGY. Jefferies Financial Group lowered shares of DHL Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Citigroup reissued a “buy” rating on shares of DHL Group in a research report on Friday, May 8th. Kepler Capital Markets upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Finally, Barclays reiterated an “overweight” rating on shares of DHL Group in a report on Tuesday, June 16th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

DHL Group Stock Up 0.8%

Shares of DHL Group stock opened at $32.65 on Monday. The firm has a market cap of $73.09 billion, a price-to-earnings ratio of 14.73, a P/E/G ratio of 1.51 and a beta of 1.21. The stock has a 50-day simple moving average of $30.64 and a 200-day simple moving average of $39.96. DHL Group has a 52-week low of $21.77 and a 52-week high of $33.15. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.93.

DHL Group Company Profile

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.