Zacks Investment Research lowered shares of Deutsche Post (OTCMKTS:DPSGY) from a buy rating to a hold rating in a report published on Thursday.
According to Zacks, “Deutsche Post AG provides logistics services primarily in Germany, Europe, America, Asia Pacific and Other regions. The company’s operating segment consists of Post-eCommerce-Parcel; Express; Global Forwarding, Freight and Supply Chain. The PeP division provides mail products, advertising mail, press products, import/export, philately and postbus services as well as eCommerce-parcel services. Express division offers courier and express services. Global Forwarding Freight division provides transports goods by rail, road, air and sea; full, part and less than truckload freight services and intermodal transport services. Supply Chain division provides supply chain logistics solutions which include warehousing, distribution, managed transport, value-added services and supply chain management and consulting services; business process outsourcing and marketing communications solutions. Deutsche Post AG is headquartered in Bonn, Germany. “
A number of other analysts also recently weighed in on the stock. DZ Bank reiterated a buy rating on shares of Deutsche Post in a research report on Friday, November 10th. Berenberg Bank started coverage on shares of Deutsche Post in a research report on Tuesday, October 31st. They issued a buy rating on the stock. Morgan Stanley reiterated a buy rating on shares of Deutsche Post in a research report on Tuesday, December 19th. Finally, ValuEngine upgraded shares of Deutsche Post from a hold rating to a buy rating in a research report on Sunday, December 31st. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Deutsche Post has a consensus rating of Buy and an average target price of $55.00.
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Deutsche Post Company Profile
Deutsche Post AG is a Germany-based provider of postal services. The Company operates through four segments: Post – eCommerce – Parcel, Express, Global Forwarding and Freight, and Supply Chain. The Post – eCommerce – Parcel segment handles both domestic and international mail and provides dialogue marketing, nationwide press distribution services and all electronic services associated with mail delivery.
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