Shares in Deutsche Post (Other OTC: DPSGY - news) rise 3.4 percent in early trade, making them the biggest gainers on Germany's blue-chip DAX index (Xetra: ^GDAXI - news) , as the company reports better-than-expected quarterly results.
The postal company "published a solid set of quarterly figures. We consider Deutsche Post to be very well positioned and assess the long-term growth prospects as attractive," DZ Bank analyst Dirk Schlamp says, affirming his "buy" recommendation on the stock.
Shares in Deutsche Post have advanced 13 percent so far this year, outperforming an 8.8 percent gain by the DAX.
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