UBS Group Reiterates €31.00 Price Target for Deutsche Post (FRA:DPW)

UBS Group set a €31.00 ($36.05) price target on Deutsche Post (FRA:DPW) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other analysts also recently issued reports on the company. HSBC began coverage on Canada Goose in a research note on Monday, May 20th. They issued a buy rating and a $48.32 price objective on the stock. Morgan Stanley set a €37.50 ($43.60) price objective on Deutsche Post and gave the stock a buy rating in a research note on Thursday, April 11th. Warburg Research set a €0.00 ($0.00) price objective on KWS Saat and gave the stock a neutral rating in a research note on Thursday, May 16th. Baader Bank reaffirmed a sell rating on shares of Linde in a research note on Friday, May 10th. Finally, Goldman Sachs Group set a €63.00 ($73.26) price objective on Lanxess and gave the stock a buy rating in a research note on Friday, May 10th. Two analysts have rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the stock. Deutsche Post currently has a consensus rating of Buy and an average price target of €35.09 ($40.80).

Shares of DPW opened at €29.70 ($34.53) on Tuesday. The company’s 50 day simple moving average is €28.26. Deutsche Post has a 12-month low of €30.52 ($35.49) and a 12-month high of €41.32 ($48.05).

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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