Home / Royal Mail / International Distributions Services plc (OTCMKTS:ROYMY) Given Consensus Recommendation of “Hold” by Brokerages

International Distributions Services plc (OTCMKTS:ROYMY) Given Consensus Recommendation of “Hold” by Brokerages

International Distributions Services plc (OTCMKTS:ROYMY – Get Rating) has been given a consensus rating of “Hold” by the ten brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $318.50.

→ Buy THIS stock before Taiwan is attacked (From Behind the Markets)

A number of research firms have recently issued reports on ROYMY. BNP Paribas began coverage on International Distributions Services in a research note on Thursday, December 1st. They issued an “outperform” rating for the company. HSBC lowered International Distributions Services from a “buy” rating to a “hold” rating in a research note on Monday, December 12th. Finally, JPMorgan Chase & Co. raised their price objective on International Distributions Services from GBX 190 ($2.29) to GBX 240 ($2.90) in a research note on Tuesday, November 22nd.

International Distributions Services Stock Performance

Shares of OTCMKTS:ROYMY opened at $5.94 on Monday. The business has a 50-day moving average of $5.53 and a two-hundred day moving average of $5.37. International Distributions Services has a 12 month low of $3.90 and a 12 month high of $10.17.

International Distributions Services Company Profile

(Get Rating)

International Distributions Services Plc engages in the provision of postal and delivery services. It operates through the following segments: Royal Mail and General Logistics Systems (GLS). The Royal Mail segment collects, sorts and delivers letters and parcels across the UK. The GLS segment operates in continental Europe and the Republic of Ireland and has a ground-based deferred parcel delivery network in Europe.

Further Reading

Analyst Recommendations for International Distributions Services (OTCMKTS:ROYMY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider International Distributions Services, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and International Distributions Services wasn’t on the list.

While International Distributions Services currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own in 2023 Cover

Source link

About admin

Check Also

The Times view on the soaring price of stamps: Going Cardless

The price of a first-class stamp is now £1.65 ALAMY At one time, the only …

Leave a Reply

Your email address will not be published. Required fields are marked *