Deutsche Post (DPW) Given a €50.00 Price Target at Morgan Stanley
Deutsche Post (FRA:DPW) has been assigned a €50.00 ($59.52) price target by analysts at Morgan Stanley in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 23.64% from the stock’s previous close.
Several other research firms have also weighed in on DPW. Royal Bank of Canada set a €40.00 ($47.62) target price on Deutsche Post and gave the company a “buy” rating in a research note on Wednesday, August 16th. Commerzbank set a €41.00 ($48.81) target price on Deutsche Post and gave the company a “buy” rating in a research note on Friday, August 25th. Credit Suisse Group set a €32.23 ($38.37) price target on Deutsche Post and gave the stock a “sell” rating in a research report on Friday, August 25th. Jefferies Group set a €41.00 ($48.81) price target on Deutsche Post and gave the stock a “buy” rating in a research report on Monday, September 18th. Finally, Barclays set a €39.00 ($46.43) price target on Deutsche Post and gave the stock a “buy” rating in a research report on Monday, September 18th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of €41.27 ($49.13).
Shares of Deutsche Post (DPW) remained flat at $€40.44 ($48.14) during midday trading on Thursday. 1,525,959 shares of the company traded hands. Deutsche Post has a 52-week low of €30.25 ($36.01) and a 52-week high of €40.89 ($48.68).
About Deutsche Post
Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, and 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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