Home / Royal Mail / Barclays Reiterates Equal Weight Rating for International Distributions Services (LON:IDS)

Barclays Reiterates Equal Weight Rating for International Distributions Services (LON:IDS)


International Distributions Services (LON:IDS – Get Rating)‘s stock had its “equal weight” rating reaffirmed by equities research analysts at Barclays in a report released on Friday, Marketbeat Ratings reports. They currently have a GBX 250 ($3.13) target price on the stock. Barclays‘s price objective indicates a potential upside of 22.31% from the stock’s current price.

Separately, JPMorgan Chase & Co. lowered their price target on International Distributions Services from GBX 285 ($3.57) to GBX 250 ($3.13) and set a “neutral” rating for the company in a report on Monday, March 27th.

International Distributions Services Stock Performance

LON IDS opened at GBX 204.40 ($2.56) on Friday. The firm has a market capitalization of £1.95 billion, a P/E ratio of 888.70, a P/E/G ratio of 0.90 and a beta of 1.68. International Distributions Services has a 1-year low of GBX 173.65 ($2.18) and a 1-year high of GBX 332 ($4.16). The company has a debt-to-equity ratio of 63.07, a current ratio of 0.99 and a quick ratio of 1.02. The business’s 50-day simple moving average is GBX 232.89 and its 200-day simple moving average is GBX 228.80.

About International Distributions Services

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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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