Shares of United Parcel Service Inc. Cl B UPS rose 1.38% to $133.33 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.40% to 5,

We recently published a list of the 13 Most Undervalued Blue Chip Stocks To Buy According To Analysts. In this article, we are going to take a look at where United Parcel Service, Inc. (NYSE:UPS) stands against other most undervalued blue chip stocks to buy according to analysts.

Compared to the aggregate P/E ratio of the 25.43 in the Air Freight & Logistics industry, United Parcel Service Inc. has a lower P/E ratio of 21.45. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued.

United Parcel Service (NYSE: UPS), one of the world's largest shipping couriers, is often considered a stable blue chip stock for conservative investors. It went public in 1999, in the biggest initial public offering of the 20th century, joined the S&P 500 in 2002, and has raised its dividends annually for 15 consecutive years.

Shares of United Parcel Service Inc. Cl B UPS inched 0.61% higher to $129.52 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $105.0 and $145.0 for United Parcel Service, spanning the last three months. Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.