Deutsche Post (FRA:DPW) Given a €35.00 Price Target at Nord/LB

Deutsche Post (FRA:DPW) has been assigned a €35.00 ($39.33) target price by Nord/LB in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Nord/LB’s price objective would indicate a potential upside of 3.80% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. UBS Group set a €36.00 ($40.45) price objective on Deutsche Post and gave the company a “buy” rating in a report on Monday. Goldman Sachs Group set a €40.00 ($44.94) target price on shares of Deutsche Post and gave the company a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. set a €40.51 ($45.52) price target on shares of Deutsche Post and gave the stock a “buy” rating in a research report on Monday. Kepler Capital Markets set a €31.50 ($35.39) price target on shares of Deutsche Post and gave the stock a “buy” rating in a research report on Wednesday. Finally, Barclays set a €35.00 ($39.33) price target on shares of Deutsche Post and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of €35.35 ($39.71).

Shares of DPW stock traded down €0.25 ($0.28) during trading on Wednesday, hitting €33.72 ($37.89). The company had a trading volume of 3,295,108 shares. Deutsche Post has a one year low of €30.52 ($34.29) and a one year high of €41.32 ($46.43). The stock’s 50-day moving average price is €29.67 and its 200 day moving average price is €29.45.

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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