Deutsche Bank set a €36.00 ($40.45) target price on Deutsche Post (FRA:DPW) in a research note released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also issued reports on DPW. UBS Group set a €36.00 ($40.45) price target on Deutsche Post and gave the stock a buy rating in a research note on Monday. Barclays set a €35.00 ($39.33) price objective on Deutsche Post and gave the stock a buy rating in a report on Thursday, July 2nd. Warburg Research set a €35.00 ($39.33) price objective on Deutsche Post and gave the stock a buy rating in a report on Thursday, May 14th. Kepler Capital Markets set a €31.50 ($35.39) price target on Deutsche Post and gave the company a buy rating in a report on Thursday, April 30th. Finally, Jefferies Financial Group set a €38.00 ($42.70) price target on Deutsche Post and gave the company a buy rating in a report on Wednesday. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of €35.35 ($39.71).
Shares of DPW stock opened at €33.95 ($38.15) on Wednesday. Deutsche Post has a 52-week low of €30.52 ($34.29) and a 52-week high of €41.32 ($46.43). The stock has a 50 day moving average price of €29.81 and a 200 day moving average price of €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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