Deutsche Post (OTCMKTS:DPSGY) Stock Upgrade
In an analyst research report issued to clients and investors on 15 December, Goldman lifted shares of Deutsche Post (OTCMKTS:DPSGY) to a solid “Buy” rating from their previous “Neutral” rating.
The stock increased 2.65% or $0.71 during the last trading session, striking $27.54. Approximately 132,826 shares of stock traded hands or 42.11% up from the average. Deutsche Post AG ADR (OTCMKTS:DPSGY) has declined 16.21% since May 12, 2015 and is downtrending. It has underperformed by 12.53% the S&P500.
Deutsche Post AG is a Germany-based logistics services provider. The company has a market cap of $32.54 billion. The Firm operates four main business divisions: Mail; Express; Global Forwarding, Freight, and Supply Chain. It currently has negative earnings. 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.
According to Zacks Investment Research, “Deutsche Post AG provides logistics services primarily in Germany, Europe, America, Asia Pacific and Other regions. The company’s operating segment consists of Post-eCommerce-Parcel; Express; Global Forwarding, Freight and Supply Chain. The PeP division provides mail products, advertising mail, press products, import/export, philately and postbus services as well as eCommerce-parcel services. Express division offers courier and express services. Global Forwarding Freight division provides transports goods by rail, road, air and sea; full, part and less than truckload freight services and intermodal transport services. Supply Chain division provides supply chain logistics solutions which include warehousing, distribution, managed transport, value-added services and supply chain management and consulting services; business process outsourcing and marketing communications solutions. Deutsche Post AG is headquartered in Bonn, Germany.”