DHL Group (OTCMKTS:DHLGY) Sets New 1-Year High – Still a Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $33.44 and last traded at $33.3660, with a volume of 83954 shares. The stock had previously closed at $33.0635.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on DHLGY shares. Zacks Research upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of DHL Group in a research note on Friday, May 8th. Jefferies Financial Group lowered shares of DHL Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Finally, Kepler Capital Markets upgraded DHL Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

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DHL Group Stock Performance

The business’s 50-day moving average price is $31.10 and its 200-day moving average price is $39.16. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.96. The stock has a market cap of $74.69 billion, a PE ratio of 15.05, a P/E/G ratio of 1.54 and a beta of 1.20.

DHL Group Company Profile

(Get Free Report)

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.

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