NEW YORK (dpa-AFX Broker) - The US analyst firm Bernstein Research has lowered its price target for DHL Group from 48.00 to 46.50 euros after the quarterly figures and left its rating at "Outperform". The operating result (EBIT) of the logistics group fell short of expectations, wrote analyst Alexander Irving in a study published on Monday. He believes that the main reason for this is the European demand trends in the express business, which are causing a persistent weakness in demand, among other things. He reduced his earnings forecasts (EPS) for 2024 and 2025./edh/mis

Publication of the original study: 10.03.2024 / 23:11 / UTC

First dissemination of the original study: 11/03/2024 / 06:00 / UTC

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