Top25-SA-Banner

United Parcel Receives a Hold from Credit Suisse


Credit Suisse analyst Allison Landry maintained a Hold rating on United Parcel (NYSE: UPS) on July 12 and set a price target of $114. The company’s shares closed yesterday at $108.97.

According to TipRanks.com, Landry is a 5-star analyst with an average return of 13.0% and a 68.3% success rate. Landry covers the Services sector, focusing on stocks such as Kansas City Southern, Old Dominion Freight, and Landstar System Inc.

Currently, the analyst consensus on United Parcel is a Moderate Buy with an average price target of $129.50.

See today’s analyst top recommended stocks >>

Based on United Parcel’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $17.16 billion and net profit of $1.35 billion. In comparison, last year the company earned revenue of $15.74 billion and had a net profit of $1.38 billion.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

United Parcel Service, Inc. is a logistics and package delivery company, which provides supply chain management services. Its logistics services include transportation, distribution, contract logistics, ground freight, ocean freight, air freight, customs brokerage, insurance, and financing.

From Our Partners