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

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $32.75 and last traded at $32.75, with a volume of 3239 shares trading hands. The stock had previously closed at $32.07.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Barclays reaffirmed an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Zacks Research lowered shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DHL Group in a research report on Wednesday, July 8th. Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Finally, Citigroup restated a “buy” rating on shares of DHL Group in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

DHL Group Trading Up 1.3%

The stock has a market capitalization of $73.04 billion, a PE ratio of 14.72, a price-to-earnings-growth ratio of 1.51 and a beta of 1.21. The business’s 50-day moving average is $29.59 and its two-hundred day moving average is $41.72. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98.

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.