United Parcel Service
November 22, 2011 by staff
United Parcel Service, United Parcel Service (NYSE: UPS)‘s stock had its “buy” rating reaffirmed by equities researchanlysts at Citigroup (NYSE: C) in a research note issued to investors on Monday. Theanlysts currently have a $80.00 price target on the stock.
Separately,anlysts at Piper Jaffray (NYSE: PJC) reiterated an “overweight” rating on shares of United Parcel Service in a research note to investors on Monday. They now have a $89.00 price target on the stock. Analysts at Deutsche Bank (NYSE: DB) reiterated a “buy” rating on shares of United Parcel Service in a research note to investors on Wednesday, October 26th.
United Parcel Service, Inc. (UPS) is a package delivery company. The Company delivers packages each business day for 1.8 million shipping customers to 6.1 million consignees in over 200 countries and territories. Its primary business is the time-definite delivery of packages and documents worldwide. The UPS service portfolio also includes global supply chain services and less-than-truckload transportation, primarily in the United States. The Company operates in three segments: U.S. Domestic Package operations, International Package operations and Supply Chain & Freight operations. During the year ended December 31, 2009, UPS delivered an average of 15.1 million pieces per day worldwide, or a total of 3.8 billion packages. In June 2009, the Company acquired a unit of Intereuropa Globalni Logisticni Servis. In 2009, it acquired service agents in Slovenia and Turkey.
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