DHL Group (OTCMKTS:DHLGY) Upgraded to “Strong-Buy” at Zacks Research

Zacks Research upgraded shares of DHL Group (OTCMKTS:DHLGY) from a hold rating to a strong-buy rating in a research note released on Monday,Zacks.com reports.

Several other equities research analysts have also recently weighed in on DHLGY. Barclays reiterated an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Kepler Capital Markets raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 2nd. Jefferies Financial Group cut shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, Citigroup restated a “buy” rating on shares of DHL Group in a research report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, DHL Group has an average rating of “Moderate Buy”.

DHL Group Stock Performance

Shares of DHLGY opened at $32.65 on Monday. The stock’s 50-day simple moving average is $30.64 and its 200 day simple moving average is $39.96. The stock has a market capitalization of $73.09 billion, a price-to-earnings ratio of 14.73, a price-to-earnings-growth ratio of 1.51 and a beta of 1.21. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98. DHL Group has a 52-week low of $21.77 and a 52-week high of $33.15.

About DHL Group

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.