Should You Buy UPS While It's Below $90?
United Parcel Service (NYSE: UPS) is back in the bargain bit. As of this writing, shares of the package shipping company trade under $90, a level they haven't seen since before the COVID-fueled e-commerce surge that made it a household essential. Back then, it was a lifeline for locked-down lifestyles. But now? It's a delivery company that's trying to find its next growth lane.
And yet UPS's fundamentals aren't exactly broken. In fact, the company is growing more efficient. Plus, let's be real: With a dividend yield hovering around 7.5%, even the most cautious investor has to ask if this a rare value play or a trap wrapped in brown paper?
Let's take a closer look and see if UPS is a buy right now.
Source Fool.com
United Parcel Service Inc. Stock
Currently there is a rather positive sentiment for United Parcel Service Inc. with 47 Buy predictions and 5 Sell predictions.
As a result the target price of 114 € shows a very positive potential of 58.4% compared to the current price of 71.97 € for United Parcel Service Inc..