United Parcel Service (UPS) Stock Rating Reaffirmed by Deutsche Bank

United Parcel Service (NYSE:UPS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued on Monday, Marketbeat Ratings reports. They presently have a $145.00 target price on the transportation company’s stock, up from their prior target price of $135.00. Deutsche Bank’s target price would indicate a potential upside of 12.26% from the company’s previous close.

UPS has been the topic of several other reports. Credit Suisse Group reissued a “hold” rating and set a $116.00 target price (up from $108.00) on shares of United Parcel Service in a research note on Thursday, October 12th. They noted that the move was a valuation call. Oppenheimer restated a “buy” rating and set a $123.00 price target on shares of United Parcel Service in a research report on Monday, November 6th. BMO Capital Markets lifted their price target on United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research report on Friday, October 27th. JPMorgan Chase & Co. lifted their price target on United Parcel Service from $113.00 to $114.00 and gave the company a “neutral” rating in a research report on Thursday, October 12th. Finally, Loop Capital lifted their price target on United Parcel Service from $120.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $123.09.

United Parcel Service (UPS) traded up $1.55 on Monday, hitting $129.17. The stock had a trading volume of 3,243,000 shares, compared to its average volume of 4,696,720. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33. United Parcel Service has a 52-week low of $102.12 and a 52-week high of $129.52. The stock has a market capitalization of $111,260.00, a PE ratio of 31.74, a PEG ratio of 2.12 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same period in the previous year, the firm earned $1.44 earnings per share. The business’s revenue was up 7.0% compared to the same quarter last year. analysts forecast that United Parcel Service will post 6 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in UPS. First PREMIER Bank lifted its holdings in shares of United Parcel Service by 5.0% during the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 50 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of United Parcel Service during the third quarter valued at $120,000. Winslow Evans & Crocker Inc. lifted its holdings in shares of United Parcel Service by 261.3% during the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 899 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of United Parcel Service by 14.1% during the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 153 shares in the last quarter. Finally, Security National Trust Co. lifted its holdings in shares of United Parcel Service by 3.9% during the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after purchasing an additional 48 shares in the last quarter. 53.49% of the stock is currently owned by institutional investors and hedge funds.

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United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

Analyst Recommendations for United Parcel Service (NYSE:UPS)

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