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DSV AS/ADR (OTCMKTS:DSDVY) Upgraded at Zacks Investment Research

usscmc by usscmc
November 10, 2019
DSV AS/ADR (OTCMKTS:DSDVY) Lifted to “Buy” at Zacks Investment Research
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DSV AS/ADR logoZacks Investment Research upgraded shares of DSV AS/ADR (OTCMKTS:DSDVY) from a sell rating to a buy rating in a report released on Thursday morning, Zacks.com reports. Zacks Investment Research currently has $60.00 price objective on the stock.

According to Zacks, “DSV A/S provides transport and logistics services. It offers truck, ship and plane transport services as well as warehousing and logistic services. The company also provides shipment booking, pick-up, custom clearance, cargo consolidation, document and insurance services as well as warehousing, picking/packaging, distribution, supply chain management and order planning services. It operates primarily in Europe, the Middle East, Africa, North and South America, Asia, Australia and the Pacific. DSV A/S is headquartered in Hedehusene, Denmark. “

Separately, ValuEngine lowered shares of DSV AS/ADR from a hold rating to a sell rating in a report on Monday, October 7th.

Shares of OTCMKTS:DSDVY traded up $0.79 on Thursday, reaching $53.92. The company’s stock had a trading volume of 61,068 shares, compared to its average volume of 30,465. DSV AS/ADR has a 52-week low of $32.10 and a 52-week high of $54.04. The company has a market cap of $19.82 billion, a P/E ratio of 30.81, a PEG ratio of 1.97 and a beta of 1.37. The company has a 50-day simple moving average of $48.14 and a 200 day simple moving average of $47.32.

About DSV AS/ADR

DSV A/S provides transport and logistics services in Europe, the Middle East, Africa, North America and South America, Asia, Australia, and the Pacific. The company operates through three segments: Air & Sea, Road, and Solutions. The company offers air and sea freight services, including standard freight, compliance, and carrier services, as well as container and sea-air freight services.

Further Reading: Mutual funds are not immune from market timing

Get a free copy of the Zacks research report on DSV AS/ADR (DSDVY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com



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