In a report issued on November 20, Petter Haugen from Kepler Capital downgraded Deutsche Post (DPSGY – Research Report) to Hold, with a price target of EUR36.50. The company’s shares closed last Friday at $47.31, close to its 52-week high of $49.44.
According to TipRanks.com, Haugen is a 3-star analyst with an average return of 6.8% and a 68.6% success rate. Haugen covers the Industrial Goods sector, focusing on stocks such as Hoegh LNG Partners, Stolt-Nielsen, and DHT Holdings.
Currently, the analyst consensus on Deutsche Post is a Moderate Buy with an average price target of $53.35, implying a 12.9% upside from current levels. In a report issued on November 12, Warburg Research also downgraded the stock to Hold with a EUR40.00 price target.
Deutsche Post’s market cap is currently $57.62B and has a P/E ratio of 22.60. The company has a Price to Book ratio of 20.56.
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Deutsche Post AG engages in the provision of mail and logistics services. It operates through the following business segments: Post-eCommerce-Parcel (PeP), Express, Global Forwarding, Freight, Supply Chain, and Corporate Center or Other. The PeP segment handles both domestic and international mail and is a specialist in dialogue marketing, nationwide press distribution services, and all the electronic services associated with mail delivery. The Express segment offers courier and express services to business customers. The Global Forwarding Freight segment involves the carriage of goods by rail, road, air, and sea. The Supply Chain segment provides warehousing, managed transport, and value-added services. The Corporate Center or Other segment covers global business services, corporate center, non-operating activities, and other business activities. The company was founded in 1995 and is headquartered in Bonn, Germany.