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Cowen disclosed UPS (NYSE:UPS), boosting its price target to $124.00 earlier today

Having a price of $119.76, UPS (NYSE:UPS) traded 0.28% higher on the day. With the last stock price up 7.68% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. UPS has recorded a 50-day average of $117.75 and a two hundred day average of $111.22. Trade Volume was up over the average, with 2,427,577 shares of UPS changing hands over the typical 2,295,650

Reporting a potential upside of 0.04%, Cowen upped the price target of UPS (NYSE:UPS) to $124.00

Recent Performance Chart

UPS (NYSE:UPS)

UPS has 52 week low of $102.12 and a 52 week high of $120.80 with a P/E ratio of 29.45 and has a market cap of $0.

In addition to Cowen reporting its target price, a total of 20 firms have issued a report on the stock. The consensus target price is $108.15 with 8 firms rating the stock a strong buy, 2 firms rating the stock a buy, 16 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About UPS (NYSE:UPS)

United Parcel Service, Inc. (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories. The Company offers a spectrum of the United States domestic guaranteed ground and air package transportation services. The International Package segment includes the small package operations in Europe, Asia-Pacific, Canada and Latin America, the Indian sub-continent, the Middle East and Africa. The Supply Chain & Freight segment includes its forwarding and logistics services, truckload freight brokerage, UPS Freight and its financial offerings through UPS Capital. The Company serves the global market for logistics services, which include transportation, distribution, contract logistics and ground freight.

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