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DHL Group receives 'Market-Perform' rating from Bernstein Research
Bernstein Research has maintained its 'Market-Perform' rating for DHL Group, setting a price target of 47 euros. In a recent industry report, analyst Alex Irving noted that freight markets have remained resilient despite geopolitical uncertainties.
According to the analysis, freight rates have increased significantly since the outbreak of the Iran-Iraq war, and volumes have remained healthy. While the business sector remains favorable for corporate earnings in the short term, the current stock price of 56.94 euros represents a potential downside of approximately 17.46 percent relative to the analyst's target.