An analyst at J.P. Morgan Chase wrote that DHL Group should close steadily at the end of the year, but it may not be able to achieve a year-on-year increase in earnings before interest and tax. The bank predicts earnings before interest and tax for the fourth quarter of 1.78 billion euros, which will be 3% lower than the average market forecast. The bank is more cautious about the company's peak season and the express delivery department's ability to continue to achieve quarterly earnings growth before interest and tax, as changes in package regulations have brought adverse factors in terms of business volume. The bank anticipates that the earnings before interest and tax in 2026 given by management will exceed 6 billion euros, while the average forecast compiled by the company is 6.4 billion euros. The bank gave DHL an “overbearing” rating because the bank continues to find its current valuation attractive. The bank has set a target price of 53.5 euros. The share fell 0.6% to €47.99.

Zhitongcaijing · 2d ago
An analyst at J.P. Morgan Chase wrote that DHL Group should close steadily at the end of the year, but it may not be able to achieve a year-on-year increase in earnings before interest and tax. The bank predicts earnings before interest and tax for the fourth quarter of 1.78 billion euros, which will be 3% lower than the average market forecast. The bank is more cautious about the company's peak season and the express delivery department's ability to continue to achieve quarterly earnings growth before interest and tax, as changes in package regulations have brought adverse factors in terms of business volume. The bank anticipates that the earnings before interest and tax in 2026 given by management will exceed 6 billion euros, while the average forecast compiled by the company is 6.4 billion euros. The bank gave DHL an “overbearing” rating because the bank continues to find its current valuation attractive. The bank has set a target price of 53.5 euros. The share fell 0.6% to €47.99.