J.P. Morgan analyst Alexia Dogani maintained a Buy rating on DHL Group (0H3Q – Research Report) today and set a price target of €49.00. The company’s shares closed yesterday at €37.58.
According to TipRanks, Dogani is ranked #8971 out of 9128 analysts.
Currently, the analyst consensus on DHL Group is a Moderate Buy with an average price target of €43.50, representing a 15.77% upside. In a report released on October 31, Goldman Sachs also maintained a Buy rating on the stock with a €50.00 price target.
Based on DHL Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €23.78 billion and a net profit of €1.32 billion. In comparison, last year the company earned a revenue of €23.38 billion and had a net profit of €1.48 billion
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DHL Group (0H3Q) Company Description:
Based in Germany, Deutsche Post DHL is a leading express shipping and contract logistics provider. Its DHL divisions (international express shipping, air and ocean freight forwarding, and contract warehousing) generate 70% of revenue. About 30% of the top line comes from the post, e-commerce, and parcel division, which includes the firm’s legacy mail delivery business (which serves the German market) and its faster-growing German small-parcel delivery business.
