Brokerages Set Deutsche Post AG (DPSGY) Target Price at $41.00
Deutsche Post AG (OTCMKTS:DPSGY) has been given a consensus recommendation of “Buy” by the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $41.00.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Deutsche Post AG from a “buy” rating to a “hold” rating in a research report on Wednesday, June 7th. Deutsche Bank AG reiterated a “buy” rating on shares of Deutsche Post AG in a report on Thursday, June 15th. Jefferies Group LLC upgraded Deutsche Post AG from a “hold” rating to a “buy” rating in a report on Tuesday, August 15th. Finally, DZ Bank AG reissued a “buy” rating on shares of Deutsche Post AG in a research report on Tuesday, August 8th.
Shares of Deutsche Post AG (DPSGY) traded up 0.20% during mid-day trading on Friday, hitting $44.94. 17,634 shares of the company were exchanged. Deutsche Post AG has a 12-month low of $29.91 and a 12-month high of $45.00.
About Deutsche Post AG
Deutsche Post AG is a Germany-based provider of postal services. The Company operates through four segments: Post – eCommerce – Parcel, Express, Global Forwarding and Freight, and Supply Chain. The Post – eCommerce – Parcel segment handles both domestic and international mail and provides dialogue marketing, nationwide press distribution services and all electronic services associated with mail delivery.
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