Is UPS Stock Going to $180? 1 Wall Street Analyst Thinks So
Wall Street analysts are divided over (NYSE: UPS). While several of them lowered their price targets on the stock after the company's recent Investor and Analyst Day presentation, Redburn Atlantic analyst Oliver Holmes raised his rating to "buy" from "neutral" with a $180 price target. That would represent an 18% gain from its current price. Let's consider the thinking behind this view.
According to Thefly.com, Holmes argues that UPS is nearing a trough in key metrics, including volume and margin. Indeed, UPS management believes its volume growth will turn positive sometime in the second quarter and then improve throughout the year.
In addition, its 2026 targets make the stock look attractive, mainly due to underlying improvements in the company's focus areas, like small and medium-sized businesses and healthcare on the revenue side. Meanwhile, on the cost side, investments in technology and site consolidations should control labor costs and improve productivity.
Source Fool.com
United Parcel Service Inc. Stock
We see a rather positive sentiment for United Parcel Service Inc. with 13 Buy predictions and 1 Sell predictions.
With a target price of 162 € there is a slightly positive potential of 18.04% for United Parcel Service Inc. compared to the current price of 137.24 €.
