Deutsche Post (ETR:DPW) Stock Upgrade
Commerzbank AG has increased shares of Deutsche Post (ETR:DPW) to a respectable “Buy” rating in recent note issued to clients today, and has set a 52 week price target of EUR 32.00, which is 24.03% from DPW’s share price currently.
From a total of 11 analysts covering Deutsche Post (ETR:DPW) stock, 3 rate it a ”Buy”, 2 a “Sell”, and 6 a ”Hold”. This means that 27% of the ratings are positive. The highest target price is €32.70 while the lowest target price is €24.50. The mean of all analyst targets is €28.35 with a 9.63% above today’s (€25.86) stock price. Deutsche Post was the topic of 23 analyst reports since July 6, 2015 according to the firm StockzIntelligence Inc. Warburg Research upgraded shares on November 17 to “Buy” rating. JP Morgan maintained shares with “Neutral” rating and €27.25 target share price in a report from an October 23. Landesbank maintained DPW stock in a recent report from November 13 with “Hold” rating. Goldman Sachs maintained the rating on September 10. Goldman Sachs has a “Neutral” rating and a €30 price target on shares. Finally, Independent Research downgraded the stock to “Sell” rating in a report issued on a November 12.
The stock increased 1.15% or EUR 0.3 on December 7, striking EUR 25.86. Approximately 3.54 million shares of stock traded hands. Deutsche Post AG (ETR:DPW) has declined 28.57% since May 5, 2015 and is downtrending. It has underperformed by 27.49% the S&P500.
Deutsche Post AG is a Germany-based logistics services provider. The company has a market cap of 31.32 billion EUR. The Firm operates four main business divisions: Mail; Express; Global Forwarding, Freight, and Supply Chain. It has 21.63 P/E ratio. The Mail business division comprises the transport and delivery of written communications and serves as an end-to-end service well-known provider for the management of written communications.
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