United Parcel Service (NYSE:UPS) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $115 and the lowest price target forecast is $90. The average forecast of all the analysts is $108.09 and the expected standard deviation is $7.54.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Citigroup maintains its outlook on United Parcel Service (NYSE:UPS). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $102 per share to $109 per share. The rating by the firm was issued on April 29, 2016.
United Parcel Service (NYSE:UPS): stock turned positive on Thursday. Though the stock opened at $106.77, the bulls momentum made the stock top out at $107.58 level for the day. The stock recorded a low of $106.64 and closed the trading day at $107.22, in the green by 1.20%. The total traded volume for the day was 3,040,532. The stock had closed at $105.95 in the previous days trading.
The company shares have rallied 7.09% from its 1 Year high price. On Oct 26, 2015, the shares registered one year high at $107.32 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $103.11 and the 200 Day Moving Average price is recorded at $100.22. On the companys insider trading activities,The officer (Senior Vice President) of United Parcel Service Inc, Barnes David A sold 11,712 shares at $102.47 on May 25, 2016. The Insider selling transaction had a total value worth of $1,200,129. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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 www.ups.com or WorldShip.