Deutsche Bank Upgrades DHL Group to Buy, Raises Price Target

By EC Assets · Published 22 May 2026 · Updated 28 May 2026

Deutsche Bank has upgraded DHL Group to Buy from Hold, raising its price target for the German logistics company. Shares of DHL Group rose on Friday following the upgrade. The bank's assessment indicates that concerns regarding AI disruption and Amazon's competition are overstated. DHL Group shares traded around 8% below their February highs before the upgrade. These shares had been weighed down by fears concerning artificial intelligence disruption and the competitive threat from Amazon. On Friday, DHL Group shares increased by 3.6% in Germany. The new price target set by Deutsche Bank for DHL Group is €56, an increase from the previous €48. Analyst Harishankar Ramamoorthy stated that DHL benefits from several factors that position it favorably. Deutsche Bank Research raised the target price for DHL Group (ex Deutsche Post) from 48 to 56 Euros. DHL Group operates as a mail and logistics company. It conducts business in Germany, the rest of Europe, the Americas, the Asia Pacific region, the Middle East, and Africa. Following the Buy recommendation, DHL shares tested the chart hurdle of 50 Euro. This article is intended for informational purposes only. It does not constitute investment advice.