Royal Bank of Canada set a €33.00 ($38.37) price objective on Deutsche Post (FRA:DPW) in a research note released on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other analysts have also recently issued reports about the stock. Barclays set a €35.00 ($40.70) price target on shares of Deutsche Post and gave the company a buy rating in a research note on Monday, September 9th. Jefferies Financial Group set a €36.00 ($41.86) price target on shares of Deutsche Post and gave the company a buy rating in a research note on Friday, September 27th. JPMorgan Chase & Co. set a €25.36 ($29.49) price target on shares of Deutsche Post and gave the company a sell rating in a research note on Tuesday. Goldman Sachs Group set a €45.00 ($52.33) price target on shares of Deutsche Post and gave the company a buy rating in a research note on Tuesday. Finally, Berenberg Bank set a €33.00 ($38.37) price target on shares of Deutsche Post and gave the company a neutral rating in a research note on Tuesday. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company’s stock. Deutsche Post presently has an average rating of Hold and an average price target of €34.50 ($40.12).
DPW opened at €28.88 ($33.58) on Wednesday. Deutsche Post has a one year low of €30.52 ($35.49) and a one year high of €41.32 ($48.05). The company’s 50 day simple moving average is €29.61 and its 200-day simple moving average is €29.16.
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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