Home / Royal Mail / Deutsche Post (FRA:DPW) PT Set at €34.50 by Royal Bank of Canada

Deutsche Post (FRA:DPW) PT Set at €34.50 by Royal Bank of Canada

Deutsche Post (FRA:DPW) received a €34.50 ($40.12) price objective from stock analysts at Royal Bank of Canada in a research report issued to clients and investors on Wednesday, October 23rd, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Royal Bank of Canada’s target price indicates a potential upside of 5.36% from the stock’s current price.

Several other research firms also recently weighed in on DPW. Nord/LB set a €33.00 ($38.37) price objective on shares of Deutsche Post and gave the stock a “buy” rating in a report on Wednesday, August 7th. Barclays set a €35.00 ($40.70) price objective on shares of Deutsche Post and gave the stock a “buy” rating in a report on Monday, October 14th. UBS Group set a €31.50 ($36.63) price objective on shares of Deutsche Post and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Deutsche Bank set a €35.00 ($40.70) price objective on shares of Deutsche Post and gave the stock a “buy” rating in a report on Thursday, September 5th. Finally, Independent Research set a €32.00 ($37.21) price objective on shares of Deutsche Post and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of €34.68 ($40.33).

Shares of Deutsche Post stock traded down €0.18 ($0.21) during trading on Wednesday, reaching €32.75 ($38.08). 2,727,656 shares of the company traded hands. Deutsche Post has a 1-year low of €30.52 ($35.49) and a 1-year high of €41.32 ($48.05). The company has a 50 day moving average price of €30.67 and a 200-day moving average price of €29.45.

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. 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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