Independent Research set a €34.00 ($38.20) price target on Deutsche Post (FRA:DPW) in a report issued on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms have also recently weighed in on DPW. Berenberg Bank set a €33.00 ($37.08) price target on Deutsche Post and gave the company a buy rating in a report on Wednesday. Deutsche Bank set a €36.00 ($40.45) target price on Deutsche Post and gave the stock a buy rating in a report on Wednesday. Baader Bank set a €35.00 ($39.33) target price on Deutsche Post and gave the stock a buy rating in a report on Tuesday, May 12th. Goldman Sachs Group set a €40.00 ($44.94) target price on Deutsche Post and gave the stock a buy rating in a report on Wednesday. Finally, UBS Group set a €36.00 ($40.45) target price on Deutsche Post and gave the stock a buy rating in a report on Monday, July 6th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of €35.35 ($39.71).
DPW opened at €34.00 ($38.20) on Wednesday. The business’s 50 day moving average is €30.10 and its 200-day moving average is €29.45. Deutsche Post has a twelve month low of €30.52 ($34.29) and a twelve month high of €41.32 ($46.43).
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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