Short Term Price Target on United Parcel Service (UPS)

United Parcel Service (NYSE:UPS) : Average target price received by United Parcel Service (NYSE: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.

Shares of United Parcel Service, Inc. rose by 0.47% in the last five trading days and 4.69% for the last 4 weeks. United Parcel Service, Inc. is up 3.43% in the last 3-month period. Year-to-Date the stock performance stands at 13.7%. Also, Brokerage firm Citigroup maintains its rating on United Parcel Service (NYSE:UPS). As per the latest information, the brokerage house raises the price target to $109 per share from a prior target of $102. The shares have been rated Neutral. The rating by the firm was issued on April 29, 2016.

United Parcel Service (NYSE:UPS) : 5 brokerage houses believe that United Parcel Service (NYSE:UPS) is a Strong Buy at current levels. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on United Parcel Service (NYSE:UPS). Zacks Investment Research suggests a Buy with a rank of 2. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 2.46.

United Parcel Service (NYSE:UPS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $106.74 and $106.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $107.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $107.72, notching a gain of 1.30% for the day. The total traded volume was 2,673,033 . The stock had closed at $106.34 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Barnes David A, officer (Senior Vice President) of United Parcel Service Inc, had unloaded 11,712 shares at an average price of $102.47 in a transaction dated on May 25, 2016. The total value of the transaction was worth $1,200,129.

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 or WorldShip.

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