Deutsche Post (FRA:DPW) has been assigned a €37.00 ($44.05) price target by research analysts at Sanford C. Bernstein in a research report issued on Monday, November 20th. The brokerage presently has a “neutral” rating on the stock. Sanford C. Bernstein’s price target would indicate a potential downside of 9.09% from the stock’s current price.
Other research analysts have also issued reports about the stock. Citigroup set a €36.00 ($42.86) price target on shares of Deutsche Post and gave the company a “buy” rating in a research report on Tuesday, August 1st. J P Morgan Chase & Co set a €35.50 ($42.26) price objective on shares of Deutsche Post and gave the stock a “neutral” rating in a report on Wednesday, August 9th. Jefferies Group set a €40.00 ($47.62) price objective on shares of Deutsche Post and gave the stock a “buy” rating in a report on Tuesday, August 15th. Nord/LB set a €34.00 ($40.48) price objective on shares of Deutsche Post and gave the stock a “neutral” rating in a report on Wednesday, August 9th. Finally, Independent Research set a €35.00 ($41.67) price objective on shares of Deutsche Post and gave the stock a “neutral” rating in a report on Tuesday, August 8th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and fifteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of €39.94 ($47.55).
Deutsche Post (DPW) traded up €0.19 ($0.23) during trading on Monday, reaching €40.70 ($48.45). 2,908,825 shares of the company traded hands. Deutsche Post has a one year low of €28.58 ($34.02) and a one year high of €40.53 ($48.25).
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About Deutsche Post
Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, and 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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