Royal Bank of Canada Analysts Give Deutsche Post (FRA:DPW) a €33.00 Price Target
Royal Bank of Canada set a €33.00 ($38.37) target price on Deutsche Post (FRA:DPW) in a research report report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research firms have also recently weighed in on DPW. Baader Bank set a €46.00 ($53.49) price target on shares of Deutsche Post and gave the company a buy rating in a report on Wednesday, September 11th. Credit Suisse Group set a €27.72 ($32.23) price target on shares of Deutsche Post and gave the company a sell rating in a report on Monday, September 9th. Nord/LB set a €33.00 ($38.37) price target on shares of Deutsche Post and gave the company a buy rating in a report on Wednesday, August 7th. Berenberg Bank set a €33.00 ($38.37) price target on shares of Deutsche Post and gave the company a neutral rating in a report on Tuesday, August 6th. Finally, Barclays set a €35.00 ($40.70) price target on shares of Deutsche Post and gave the company a buy rating in a report on Monday, September 9th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. The company has an average rating of Hold and a consensus target price of €34.40 ($40.00).
Shares of Deutsche Post stock opened at €30.19 ($35.10) on Wednesday. Deutsche Post has a 52-week low of €30.52 ($35.49) and a 52-week high of €41.32 ($48.05). The company’s 50 day moving average price is €29.42 and its 200-day moving average price is €28.99.
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.
Further Reading: What does a hold rating mean?
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