InPost (OTCMKTS:INPOY) Price Target Cut to €9.60 by Analysts at JPMorgan Chase & Co.

InPost (OTCMKTS:INPOYGet Rating) had its price target cut by JPMorgan Chase & Co. from €19.00 ($19.59) to €9.60 ($9.90) in a report released on Tuesday, The Fly reports. They currently have an overweight rating on the stock.

Other research analysts have also recently issued research reports about the company. The Goldman Sachs Group raised InPost from a neutral rating to a buy rating in a research note on Wednesday, April 27th. Barclays increased their price objective on InPost from €8.60 ($8.87) to €9.00 ($9.28) and gave the stock an overweight rating in a research note on Thursday, May 12th.

InPost Price Performance

Shares of OTCMKTS INPOY opened at $3.10 on Tuesday. The business’s 50 day moving average is $3.08 and its two-hundred day moving average is $3.13. InPost has a 1-year low of $0.01 and a 1-year high of $9.94.

InPost Company Profile

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InPost SA, together with its subsidiaries, operates as an out-of-home e-commerce enablement platform providing parcel locker services in Europe. It operates through four segments: APM (automated parcel machines), To-Door, Mondial Relay, and International Other. The APM segment focuses on the delivery of parcels to automated parcel machines.

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