United Parcel Service (UPS) : The consensus on United Parcel Service (UPS) based on 16 analyst recommendation on the company stock is 2.46, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
United Parcel Service (UPS) : Average target price received by United Parcel Service (UPS) is $108.09 with an expected standard deviation of $7.54. The most aggressive target on the stock is $115, whereas the most downbeat target is $90. 11 financial analysts are currently covering the stock.
United Parcel Service (NYSE:UPS): The stock opened at $108.31 on Wednesday but the bulls could not build on the opening and the stock topped out at $108.49 for the day. The stock traded down to $106.68 during the day, due to lack of any buying support eventually closed down at $107.72 with a loss of -0.67% for the day. The stock had closed at $108.45 on the previous day. The total traded volume was 3,267,501 shares.
Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on United Parcel Service (NYSE:UPS). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Citigroup raises the price target from $102 per share to $109 per share. The rating by the firm was issued on April 29, 2016. The company shares have rallied 13.57% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $108.51 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $104.10 and the 200 Day Moving Average price is recorded at $100.62.
United Parcel Service, Inc. is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages in over 220 countries and territories. It also provides control and visibility of customers inventories and supply chains via its UPS technology platform. The Company offers transportation, distribution, forwarding, ground freight, ocean freight, air freight, brokerage and financing services. It operates in three segments: U.S. Domestic Package, International Package and Supply Chain & Freight. Its WorldShip is a desktop shipping application that provides middle market and large customers with shipping capabilities. Customers can create custom labels, set up shipment alerts, create and upload customs documentation, track and export shipments, create reports and integrate with their enterprise resource planning and accounting systems. UPS marketplace shipping allows marketplace sellers to ship their orders via www.ups.com or WorldShip.