|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's range||182.25 - 185.19|
|52-week range||154.87 - 233.72|
|Beta (5Y monthly)||1.09|
|PE ratio (TTM)||14.49|
|Earnings date||31 Jan 2023|
|Forward dividend & yield||6.08 (3.29%)|
|Ex-dividend date||10 Nov 2022|
|1y target est||192.67|
Shares of UPS are moving higher after the stock was upgraded by Deutsche Bank to Buy from Hold.
Shares of United Parcel Service (NYSE: UPS) were climbing today after the transportation and logistics powerhouse got an upgrade from Deutsche Bank. Last night, Deutsche Bank analyst Amit Mehrotra raised his rating on UPS from hold to buy and lifted his price target from $197 to $220. While volume growth may be sluggish, he thinks that productivity initiatives will improve margins and help the company gain market share even in a downturn.
With a median price-to-earnings (or "P/E") ratio of close to 15x in the United States, you could be forgiven for...