Comment / On the wires: UPS top brass defy the market bears

By Alessandro Pasetti

07/03/2022

With a 12-month price target set at $274 (30% upside from current levels; almost 40 bucks above its $233.72 record of 1 February), UBS models…

… $20bn of added revenues to 2025 from 2021 (less than it added from 2018 to 2021); a net debt position, still at $15.2bn at the end of 2021, that turns into net cash (+$2.8bn) by 2025 and a price-to-earnings ratio that at the end of the 2021-2025 period, will be the lowest in the 2018-2025 series.

One ...

Comment on this article

You must be logged in to post a comment.

Topics

On the wires UPS Break-up DB Schenker FedEx integrated logistics Takeover Talk

Most read news

Etail by air – here to stay or on a short shelf life?

HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance

Hong Kong drops out of world's top 10 busiest container ports

How crazy is this: DSV goes hostile on Expeditors or CH Robinson?

Capture of MSC Aries will further drive up Indian export costs

Carriers look to short-term gains over blanking, as Red Sea crisis props up rates

Cargo flows through Dubai delayed by flooding, with 300 flights cancelled

The rise and rise of China's ecommerce platforms

Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline

Another strong month for US ports as container flows continue to rise

EXCLUSIVE: Kuehne + Nagel shockwaves in APAC

Sustainability concerns don't show on shippers' procurement radar

Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali

Forwarders: can an airline do without them? An age-old debate airs

Evergreen clients signing transpac contracts as Red Sea crisis props up rates

For forwarders, 'a hot Q4' will be all about controlling air cargo capacity