Home / Royal Mail / International Distributions Services (LON:IDS) Shares Up 2.8%

International Distributions Services (LON:IDS) Shares Up 2.8%


International Distributions Services plc (LON:IDS – Get Rating)’s stock price shot up 2.8% during mid-day trading on Thursday . The company traded as high as GBX 213.40 ($2.67) and last traded at GBX 212.80 ($2.66). 1,960,943 shares were traded during mid-day trading, a decline of 21% from the average session volume of 2,496,171 shares. The stock had previously closed at GBX 207.10 ($2.59).

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on IDS shares. Barclays reaffirmed an “equal weight” rating and set a GBX 250 ($3.13) price target on shares of International Distributions Services in a report on Friday, May 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 160 ($2.00) price target on shares of International Distributions Services in a report on Thursday, May 25th. Finally, JPMorgan Chase & Co. decreased their price target on International Distributions Services from GBX 250 ($3.13) to GBX 220 ($2.75) and set a “neutral” rating for the company in a report on Monday, May 22nd.

International Distributions Services Trading Up 2.8 %

The company has a quick ratio of 1.02, a current ratio of 0.99 and a debt-to-equity ratio of 63.07. The company has a fifty day moving average of GBX 223.74 and a two-hundred day moving average of GBX 224.63. The stock has a market capitalization of £2.03 billion, a price-to-earnings ratio of -231.30, a P/E/G ratio of 0.90 and a beta of 1.68.

About International Distributions Services

(Get Rating)

International Distributions Services plc, together with its subsidiaries, operates as a universal postal service provider. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters.

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