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Thursday 18 April 2013

United Parcel Service stock rating price target

United Parcel Service stock rating price target : United Parcel Service (NYSE: UPS) was upgraded by analysts at RBC Capital to an “outperform” rating in a research report issued to clients and investors on Thursday, AnalystRatings.Net reports. A number of other analysts have also recently weighed in on UPS. 


Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of United Parcel Service in a research note to investors on Thursday, April 11th. They now have a $84.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of United Parcel Service from $92.00 to $99.00 in a research note to investors on Wednesday, April 10th. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of United Parcel Service in a research note to investors on Wednesday, April 10th. They now have a $82.00 price target on the stock.

Eleven analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $91.14.

Shares of United Parcel Service (NYSE: UPS) opened at 82.52 on Thursday. United Parcel Service has a 52 week low of $69.56 and a 52 week high of $85.95. The stock’s 50-day moving average is currently $84.10. The company has a market cap of $78.679 billion and a P/E ratio of 99.42.

United Parcel Service (NYSE: UPS) last announced its earnings results on Thursday, January 31st. The company reported $1.32 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.38 by $0.06. The company had revenue of $14.57 billion for the quarter, compared to the consensus estimate of $14.44 billion. During the same quarter last year, the company posted $1.28 earnings per share. United Parcel Service’s revenue was up 2.9% compared to the same quarter last year. Analysts expect that United Parcel Service will post $4.99 EPS for the current fiscal year.

United Parcel Service, Inc. (NYSE: UPS) is a package delivery company that operates in the United States less-than-truckload industry, and the provider of global supply chain management solutions.

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