Deutsche Post (FRA:DPW) Given a €33.00 Price Target at Royal Bank of Canada

Royal Bank of Canada set a €33.00 ($38.37) price objective on Deutsche Post (FRA:DPW) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

DPW has been the topic of several other research reports. HSBC set a €36.00 ($41.86) price target on shares of Deutsche Post and gave the stock a buy rating in a research note on Thursday, August 8th. UBS Group set a €31.00 ($36.05) price target on shares of Deutsche Post and gave the stock a buy rating in a research note on Tuesday, August 6th. Nord/LB set a €33.00 ($38.37) price target on shares of Deutsche Post and gave the stock a buy rating in a research note on Wednesday, August 7th. Baader Bank set a €46.00 ($53.49) price target on shares of Deutsche Post and gave the stock a buy rating in a research note on Tuesday. Finally, Berenberg Bank set a €33.00 ($38.37) price target on shares of Deutsche Post and gave the stock a neutral rating in a research note on Tuesday. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company. Deutsche Post currently has an average rating of Hold and an average price target of €34.50 ($40.12).

DPW stock traded down €0.01 ($0.01) during mid-day trading on Wednesday, hitting €28.88 ($33.58). The company had a trading volume of 3,079,597 shares. Deutsche Post has a 12-month low of €30.52 ($35.49) and a 12-month high of €41.32 ($48.05). The company has a 50-day moving average price of €29.61 and a 200 day moving average price of €29.16.

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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