Deutsche Post (DPSGY) Cut to “Hold” at Zacks Investment Research
Zacks Investment Research lowered shares of Deutsche Post (OTCMKTS:DPSGY) from a buy rating to a hold rating in a research report released on Thursday.
According to Zacks, “Deutsche Post AG provides logistics services primarily in Germany, Europe, America, Asia Pacific and Other regions. The company’s operating segment consists of Post-eCommerce-Parcel; Express; Global Forwarding, Freight and Supply Chain. The PeP division provides mail products, advertising mail, press products, import/export, philately and postbus services as well as eCommerce-parcel services. Express division offers courier and express services. Global Forwarding Freight division provides transports goods by rail, road, air and sea; full, part and less than truckload freight services and intermodal transport services. Supply Chain division provides supply chain logistics solutions which include warehousing, distribution, managed transport, value-added services and supply chain management and consulting services; business process outsourcing and marketing communications solutions. Deutsche Post AG is headquartered in Bonn, Germany. “
A number of other analysts have also issued reports on DPSGY. DZ Bank reaffirmed a buy rating on shares of Deutsche Post in a report on Friday, November 10th. ValuEngine raised Deutsche Post from a hold rating to a buy rating in a report on Sunday, December 31st. Morgan Stanley reaffirmed a buy rating on shares of Deutsche Post in a report on Tuesday, December 19th. Finally, Berenberg Bank assumed coverage on Deutsche Post in a report on Tuesday, October 31st. They issued a buy rating on the stock. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $55.00.
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Deutsche Post Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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