Deutsche Post (FRA:DPW) Share Price Passes Above Two Hundred Day Moving Average of $41.36

Deutsche Post AG (FRA:DPW)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €41.36 ($48.66) and traded as high as €46.85 ($55.11). Deutsche Post shares last traded at €46.52 ($54.73), with a volume of 2,270,728 shares traded.

A number of brokerages recently issued reports on DPW. UBS Group set a €48.00 ($56.47) price target on shares of Deutsche Post and gave the stock a “buy” rating in a research note on Tuesday, March 9th. Warburg Research set a €47.00 ($55.29) price target on shares of Deutsche Post and gave the stock a “neutral” rating in a research note on Wednesday, March 10th. JPMorgan Chase & Co. set a €50.83 ($59.80) price target on shares of Deutsche Post and gave the stock a “buy” rating in a research note on Tuesday, March 9th. Nord/LB set a €50.00 ($58.82) target price on shares of Deutsche Post and gave the company a “buy” rating in a research note on Thursday, March 11th. Finally, Baader Bank set a €45.00 ($52.94) target price on shares of Deutsche Post and gave the company a “buy” rating in a research note on Tuesday, March 9th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Deutsche Post has an average rating of “Buy” and an average target price of €49.37 ($58.09).

The firm’s fifty day moving average price is €43.99 and its 200-day moving average price is €41.40.

About Deutsche Post (FRA:DPW)

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 five divisions: Post & Parcel Germany; Express; Global Forwarding, Freight; Supply Chain; and eCommerce Solutions. The Post & Parcel Germany division transports, sorts, and delivers documents and goods; and offers digital transmission services, such as information on shipment status and digital messages.

Recommended Story: What does cost of debt say about a company’s financial health?

Receive News & Ratings for Deutsche Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Post and related companies with MarketBeat.com's FREE daily email newsletter.