Should You Buy UPS While It's Below $85?
Great businesses sometimes have ugly valuations. And United Parcel Service (NYSE: UPS), trading at less than $85 a pop, seems to be one of them.
The transportation stock hasn't had its best year. Indeed, it seems like every quarterly report, or at least the last handful, has given investors very little to be excited about. Another revenue decrease? Check. Parcel volume down? Check. Tariff uncertainty and withheld guidance? Check, check.
At the same time, this is UPS we're talking about. You know, the 118-year-old company that runs one of the world's largest integrated air-ground package networks. It averages over 22 million packages delivered per day and delivers parcels in 200 countries, and it basically invented its own shade of brown.
Source Fool.com
United Parcel Service Inc. Stock
The stock is one of the favorites of our community with 27 Buy predictions and 4 Sell predictions.
With a target price of 102 € there is a slightly positive potential of 15.02% for United Parcel Service Inc. compared to the current price of 88.68 €.
