Royal Bank of Canada set a €33.00 ($38.37) target price on Deutsche Post (FRA:DPW) in a report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts also recently issued reports about the company. HSBC set a €36.00 ($41.86) price target on Deutsche Post and gave the company a buy rating in a report on Thursday, August 8th. JPMorgan Chase & Co. set a €25.36 ($29.49) price target on Deutsche Post and gave the company a sell rating in a report on Tuesday, October 1st. Deutsche Bank set a €35.00 ($40.70) price target on Deutsche Post and gave the company a buy rating in a report on Thursday, September 5th. UBS Group set a €31.00 ($36.05) price objective on Deutsche Post and gave the company a buy rating in a research report on Tuesday, August 6th. Finally, Independent Research set a €31.00 ($36.05) target price on Deutsche Post and gave the stock a neutral rating in a research report on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of €34.50 ($40.12).
Shares of FRA:DPW opened at €28.88 ($33.58) on Wednesday. Deutsche Post has a 1-year low of €30.52 ($35.49) and a 1-year high of €41.32 ($48.05). The business has a fifty day moving average price of €29.61 and a 200-day moving average price of €29.16.
About Deutsche Post
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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