Home / Royal Mail / Deutsche Post (FRA:DPW) Given a €34.50 Price Target by Royal Bank of Canada Analysts

Deutsche Post (FRA:DPW) Given a €34.50 Price Target by Royal Bank of Canada Analysts

Deutsche Post (FRA:DPW) received a €34.50 ($40.12) price objective from analysts at Royal Bank of Canada in a research note issued on Wednesday, October 23rd, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 5.36% from the stock’s previous close.

A number of other analysts have also issued reports on the stock. Jefferies Financial Group set a €36.00 ($41.86) target price on shares of Deutsche Post and gave the company a “buy” rating in a research note on Friday, September 27th. Goldman Sachs Group set a €45.00 ($52.33) price objective on shares of Deutsche Post and gave the stock a “buy” rating in a research note on Tuesday, October 1st. Berenberg Bank set a €38.00 ($44.19) price objective on shares of Deutsche Post and gave the stock a “buy” rating in a research note on Friday, October 18th. UBS Group set a €31.50 ($36.63) target price on shares of Deutsche Post and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. set a €25.36 ($29.49) target price on shares of Deutsche Post and gave the stock a “sell” rating in a report on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of €34.68 ($40.33).

FRA DPW traded down €0.18 ($0.21) on Wednesday, hitting €32.75 ($38.08). 2,727,656 shares of the stock were exchanged. Deutsche Post has a 52-week low of €30.52 ($35.49) and a 52-week high of €41.32 ($48.05). The stock has a fifty day moving average price of €30.67 and a two-hundred day moving average price of €29.45.

Deutsche Post 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. It operates through four divisions: Post-eCommerce-Parcel (PeP); Express; Supply Chain; and Global Forwarding, Freight. The PeP division offers dialogue marketing, press distribution, and electronic services associated with mail delivery, as well as parcel and e-commerce services.

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