Royal Bank of Canada set a €34.50 ($40.12) price target on Deutsche Post (FRA:DPW) in a report issued on Tuesday, November 12th, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms have also recently commented on DPW. HSBC set a €36.00 ($41.86) price target on shares of Deutsche Post and gave the stock a buy rating in a report on Thursday, August 8th. JPMorgan Chase & Co. set a €25.36 ($29.49) price objective on shares of Deutsche Post and gave the company a sell rating in a research note on Tuesday, October 1st. Goldman Sachs Group set a €45.00 ($52.33) price objective on shares of Deutsche Post and gave the company a buy rating in a research note on Tuesday, October 1st. Kepler Capital Markets 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 Tuesday, October 15th. Finally, Berenberg Bank set a €38.00 ($44.19) price objective on shares of Deutsche Post and gave the company a buy rating in a research note on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company’s stock. Deutsche Post currently has a consensus rating of Buy and an average price target of €36.00 ($41.87).
Shares of FRA:DPW traded up €0.12 ($0.14) during mid-day trading on Tuesday, reaching €33.84 ($39.35). The company had a trading volume of 2,234,283 shares. The company’s 50-day moving average price is €32.41 and its 200-day moving average price is €29.74. Deutsche Post has a one year low of €30.52 ($35.49) and a one year high of €41.32 ($48.05).
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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