Deutsche Post (FRA:DPW) PT Set at €34.50 by Royal Bank of Canada

Royal Bank of Canada set a €34.50 ($40.12) price objective on Deutsche Post (FRA:DPW) in a research note published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other equities analysts also recently weighed in on the company. Independent Research set a €32.00 ($37.21) target price on Deutsche Post and gave the company a neutral rating in a research report on Wednesday, October 2nd. Baader Bank set a €40.00 ($46.51) target price on Deutsche Post and gave the company a buy rating in a research report on Monday, October 7th. Warburg Research set a €38.00 ($44.19) target price on Deutsche Post and gave the company a buy rating in a research report on Wednesday, October 2nd. Barclays set a €35.00 ($40.70) target price on Deutsche Post and gave the company a buy rating in a research report on Monday, October 14th. Finally, Nord/LB set a €33.00 ($38.37) target price on Deutsche Post and gave the company a buy rating in a research report on Wednesday, August 7th. 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 company. The company has a consensus rating of Buy and a consensus target price of €35.45 ($41.22).

FRA:DPW opened at €34.34 ($39.92) on Tuesday. Deutsche Post has a 1 year low of €30.52 ($35.49) and a 1 year high of €41.32 ($48.05). The stock’s 50 day simple moving average is €31.11 and its two-hundred day simple moving average is €29.53.

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.

Read More: What is a good rate of return for a mutual fund?