DHL Group (OTCMKTS:DHLGY) Sets New 12-Month High – Should You Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY) hit a new 52-week high on Thursday . The company traded as high as $33.27 and last traded at $33.20, with a volume of 5203 shares. The stock had previously closed at $32.60.

Analysts Set New Price Targets

A number of brokerages have commented on DHLGY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a research report on Wednesday, July 8th. Zacks Research raised DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Barclays restated an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Jefferies Financial Group downgraded DHL Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, Citigroup reissued a “buy” rating on shares of DHL Group in a research note 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

DHL Group Trading Down 0.0%

The firm’s 50 day simple moving average is $30.93 and its two-hundred day simple moving average is $39.59. The stock has a market capitalization of $74.59 billion, a P/E ratio of 15.03, a P/E/G ratio of 1.55 and a beta of 1.21. The company has a quick ratio of 0.93, a current ratio of 0.98 and a debt-to-equity ratio of 0.96.

DHL Group Company Profile

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.