United Parcel Service with ticker code (UPS) now have 28 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 267 and 135 with the average target price sitting at 230.87. Given that the stocks previous close was at 210.47 this now indicates there is a potential upside of 9.7%. The 50 day moving average now sits at 209 while the 200 day moving average is 201.08. The company has a market capitalisation of $179,513m. Visit the company website at: https://www.ups.com
The potential market cap would be $196,912m based on the market concensus.
United Parcel Service provides letter and package delivery, transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services in Europe, the Asia Pacific, Canada and Latin America, the Indian sub-continent, the Middle East, and Africa. This segment offers guaranteed time-definite express options. The Supply Chain & Freight segment provides international air and ocean freight forwarding, customs brokerage, distribution and post-sales, and mail and consulting services in approximately 200 countries and territories; and less-than-truckload and truckload services to customers in North America. This segment also offers truckload brokerage services; supply chain solutions to the healthcare and life sciences industry; shipping, visibility, and billing technologies; and financial and insurance services. The company operates a fleet of approximately 127,000 package cars, vans, tractors, and motorcycles; and owns 58,000 containers that are used to transport cargo in its aircraft. United Parcel Service was founded in 1907 and is headquartered in Atlanta, Georgia.
