Deutsche Post (OTCMKTS:DPSGY) Price Target Raised to €43.00

Deutsche Post (OTCMKTS:DPSGY) Price Target Raised to €43.00

Deutsche Post (OTCMKTS:DPSGY – Get Rating) had its price objective raised by equities researchers at Deutsche Bank Aktiengesellschaft from €40.00 ($40.82) to €43.00 ($43.88) in a research report issued to clients and investors on Thursday, The Fly reports.

DPSGY has been the topic of several other reports. JPMorgan Chase & Co. cut their target price on Deutsche Post from €63.20 ($64.49) to €56.70 ($57.86) and set an “overweight” rating on the stock in a research note on Friday, July 1st. Sanford C. Bernstein lowered shares of Deutsche Post from an “outperform” rating to a “market perform” rating in a report on Friday, May 27th. Societe Generale cut their price objective on shares of Deutsche Post from €71.00 ($72.45) to €50.50 ($51.53) and set a “buy” rating for the company in a research report on Thursday, May 26th. Morgan Stanley dropped their target price on shares of Deutsche Post from €71.00 ($72.45) to €60.00 ($61.22) and set an “overweight” rating for the company in a report on Friday, July 15th. Finally, Kepler Capital Markets upgraded shares of Deutsche Post from a “hold” rating to a “buy” rating in a research report on Friday, May 6th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $55.85.

Deutsche Post Price Performance

OTCMKTS DPSGY traded down $0.30 during trading hours on Thursday, reaching $36.60. 145,228 shares of the stock traded hands, compared to its average volume of 140,401. The stock has a 50 day simple moving average of $38.52 and a two-hundred day simple moving average of $42.60. Deutsche Post has a 1 year low of $35.00 and a 1 year high of $72.04. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.09 and a quick ratio of 1.06. The company has a market cap of $45.35 billion, a price-to-earnings ratio of 7.56, a price-to-earnings-growth ratio of 4.00 and a beta of 1.17.

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. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.

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