PostNL NV (PNLYY) Lifted to “Buy” at Zacks Investment Research
Posted by Jennifer Salazar on Sep 25th, 2017 // No Comments
PostNL NV logoZacks Investment Research upgraded shares of PostNL NV (OTCMKTS:PNLYY) from a hold rating to a buy rating in a research report report published on Friday. They currently have $4.75 price objective on the transportation company’s stock.
According to Zacks, “PostNL N.V. is formed from the split of TNT N.V. operates as a mail company engage din the collection, sorting, transportation and delivery of letters and parcels in Netherlands. The Company also offers data and document management, direct marketing, and fulfillment services. PostNL N.V. is based in Hoofddorp, the Netherlands. “
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PostNL NV (PNLYY) opened at 4.23 on Friday. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 10.82 and a beta of 0.81. PostNL NV has a 12-month low of $3.82 and a 12-month high of $5.40. The company has a 50-day moving average of $4.14 and a 200 day moving average of $4.56.
The business also recently announced a None dividend, which was paid on Tuesday, September 5th. Stockholders of record on Thursday, August 17th were given a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, August 15th. PostNL NV’s dividend payout ratio is 48.57%.
PostNL NV Company Profile
PostNL N.V. is the provider of postal and parcel services in the Netherlands. The Company operates through three segments: Mail in the Netherlands, Parcels and International, and PostNL Other. The Company’s geographical segments include The Netherlands, Germany, Italy, Rest of Europe, Europe and Rest of the World.