Deutsche Post upgraded to Buy from Hold at Berenberg. Berenberg analyst William Howard upgraded Deutsche Post to Buy from Hold with a price target of 38 euros, up from 33 euros. The analyst sees "materially improving" earnings visibility out to 2020 and beyond.
Deutsche Post initiated with an Underweight at JPMorgan. JPMorgan analyst Samuel Bland started Deutsche Post with an Underweight rating and EUR 25.36 price target. The analyst cites the deteriorating macro backdrop, the company's operational leverage, and its reliance on price increases for his rating.
Deutsche Post upgraded to Buy from Hold at Jefferies. Jefferies analyst David Kerstens upgraded Deutsche Post to Buy from Hold and raised his price target for the shares to EUR 36 from EUR 34.50. The analyst sees all of the company's divisions bringing an earnings recovery this year of 8% growth, followed by a "surge" to 25% in 2020.