ANALYSIS FLASH: JPMorgan adds 'Overweight' rating to DHL Group

NEW YORK (dpa-AFX Broker) – The US bank JPMorgan (NYSE:) has resumed its rating of DHL Group (ETR:) shares with an “overweight” rating and a price target of EUR 49. The Bonn-based company's shares are also on the “Analyst Focus List” as the favorite of analyst Alexia Dogani in the logistics industry. Due to short-term positive price expectations, the expert also awarded the company “Positive Catalyst Watch” status. In the European transport and logistics sector, Dogani, according to her industry commentary published on Tuesday, is focusing on companies with strong competitive positions with high barriers to entry and significant pricing power such as DHL and InPost (AS:). She also likes companies such as DSV and Kuehne + Nagel, which consolidated the market in order to improve cost development through economies of scale and leverage. In contrast, she is skeptical about container shipping companies such as Moller-Maersk, ZIM and Hapag-Lloyd (ETR:). Dark clouds are gathering over these as interest rates have reached their peak and capacity supply continues to rise./gl/ag

Publication of the original study: 09.09.2024 / 23:53 / BST

First distribution of the original study: September 10, 2024