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

Royal Bank of Canada set a €34.50 ($40.12) target price on Deutsche Post (FRA:DPW) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also weighed in on the stock. Kepler Capital Markets set a €33.00 ($38.37) target price on shares of Deutsche Post and gave the stock a buy rating in a report on Tuesday, October 15th. Nord/LB set a €33.00 ($38.37) price objective on shares of Deutsche Post and gave the company a buy rating in a research note on Wednesday, August 7th. Credit Suisse Group set a €27.72 ($32.23) price objective on shares of Deutsche Post and gave the company a sell rating in a research note on Tuesday, October 1st. Deutsche Bank set a €35.00 ($40.70) price objective on shares of Deutsche Post and gave the company a buy rating in a research note on Thursday, September 5th. Finally, Baader Bank set a €40.00 ($46.51) price objective on shares of Deutsche Post and gave the company a buy rating in a research note on Monday, October 7th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the company. Deutsche Post presently has a consensus rating of Buy and a consensus price target of €34.78 ($40.44).

DPW opened at €32.02 ($37.23) on Wednesday. Deutsche Post has a fifty-two week low of €30.52 ($35.49) and a fifty-two week high of €41.32 ($48.05). The company’s 50 day moving average price is €30.17 and its two-hundred day moving average price is €29.29.

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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